08:44 AM EDT, 06/05/2026 (MT Newswires) -- Nano Dimension ( NNDM ) Chief Executive David Stehlin said Friday that management has entered phase 3 of its strategic review and narrowed its focus to "a small subset of strategic alternatives," with a path forward for the business expected to be announced "in the coming weeks."

As part of the strategic review launched in September, Stehlin said in a letter to shareholders that the company reduced standalone operating expenses by about 22% year-over-year in Q1 and lowered operating cash burn in each quarter since Q3 2025.

The company also divested certain assets, including its AME and Fabrica product lines and the pending $42.5 million cash sale of Markforged to Stratasys. These transactions are expected to reduce annualized cash burn by roughly $25 million, according to Stehlin.

Stehlin said Nano ended March with approximately $441.6 million in cash, cash equivalents, deposits and marketable securities.