Nano Dimension sells Markforged to Stratasys, retains metal Binder Jetting business
Nano Dimension, headquartered in Waltham, Massachusetts, USA, has entered into a definitive agreement to sell Markforged, Inc, a wholly owned subsidiary also based in Waltham, to Stratasys of Minnetonka, Minnesota, in an all-cash transaction valued at $42.5 million. Nano Dimension said it will, however, retain the Markforged metal Binder Jetting product line.
The transaction is reported to represent a further step in Nano Dimension’s previously announced three-phase strategic plan. Phase 1 of the plan focuses on operational efficiencies and reducing cash burn through cost management initiatives. Phase 2 centres on monetising selected product lines to strengthen the company’s balance sheet, while Phase 3 involves evaluating strategic alternatives intended to maximise shareholder value.
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According to Nano Dimension, the sale of Markforged forms part of Phase 2 of the strategy. The company states that the transaction is expected to reduce annualised cash burn by approximately $15 million through direct and indirect operating cost savings, including certain costs not solely attributable to Markforged.
David Stehlin, Chief Executive Officer of Nano Dimension, stated, “We are pleased to have reached an agreement with Stratasys that we believe positions Markforged for continued growth and success under its ownership. This transaction represents a deliberate step in advancing Nano Dimension’s three-phase strategic plan and accelerating Phase 3 execution.”
“We have made meaningful progress across Phase 1 and Phase 2, including cost reductions, operational streamlining and multiple product line monetisation actions. As Phase 3 continues to accelerate, we have recently advanced discussions with a focused set of strategic opportunities and potential partners aimed at maximising long-term shareholder value,” he concluded.
The transaction is expected to close during the second half of 2026, subject to customary closing conditions and regulatory approvals.
