Nano Dimension Ltd. ( NNDM ) shares are trading lower on Tuesday.

Today, the company announced the launch of its solutions from the Essemtec product line: the FOX Ultra and PUMA Ultra.

These surface mount technology, or SMT, platforms are designed to meet the growing demands of high-precision, high-mix electronics manufacturing.

The FOX Ultra offers a pick-and-place speed of 31,000 components per hour, while the PUMA Ultra reaches 30,000 CPH, marking a 70% increase in throughput.

Both systems are available in an All-in-One version, integrating pick-and-place, dispensing, and inspection capabilities into a single platform.

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According to Olivier Carnal, General Manager for Essemtec at Nano Dimension ( NNDM ), the FOX Ultra and PUMA Ultra systems are designed to meet the needs of industries such as aerospace, defense, medical electronics, and automotive, where speed, flexibility, and precision are crucial.

The PUMA Ultra also offers dual dispensing heads for processes like glue and solder paste jetting.

Julien Lederman, Interim CEO of Nano Dimension ( NNDM ), expressed pride in the new machines, noting that they embody the company's dedication to technological innovation and customer-driven solutions.

According to Benzinga Pro, NNDM stock has lost over 22% in the past year. Investors can gain exposure to the stock via 3D Printing (The) ETF .

Price Action: NNDM shares are trading lower by 2.28% to $2.14 at last check Tuesday.

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