AcquisitionsMay 28, 2026, 06:07 AM
QTREX Quantum acquires Nano Dimension's AME & Fabrica lines; reports losses
AI Summary
QTREX Quantum Ltd. (formerly Inspira Technologies Oxy B.H.N. Ltd.) completed the acquisition of Nano Dimension Ltd.'s Additively Manufactured Electronics (AME) and Fabrica product lines on April 6, 2026, for a total potential consideration of up to $12.5 million. The acquired operations reported a shortfall of revenues over direct expenses of $17.35 million in 2025 and $25.685 million in 2024. The financial statements for the acquired business include a going concern warning due to recurring losses and dependence on the acquiring company for continued financial support.
Key Highlights
- QTREX Quantum acquired Nano Dimension's AME and Fabrica product lines for up to $12.5M.
- Consideration includes $2.0M cash at closing and up to $10.5M contingent consideration.
- Acquired operations reported a revenue shortfall of $17.35M in 2025 and $25.685M in 2024.
- Total revenues for the acquired lines were $5.521M in 2025 and $6.041M in 2024.
- R&D expenses for acquired lines were $9.589M in 2025, down from $16.214M in 2024.
- Acquired net assets were $4.176M as of Dec 31, 2025, down from $6.718M in 2024.
- Auditor's report includes an emphasis of matter regarding the acquired operations' going concern.
- Pro forma combined total assets for QTREX after acquisition are $12.200M as of Dec 31, 2025.
Price Impact
More from IINN