Israeli 3-D Printing Company Eyeing $70 Billion Market

3-D printing stocks were all the rage before many of their stocks cratered over the past year. But one Israeli 3-D printing company. Nano Dimension, managed to weather the storm and become Israel’s top performing technology stock in 2015. The company uses 3-D printing to create electronic circuit boards. ‘We’re basically taking a process that can take several weeks to prototype and turning that into an in-house process that occurs within several hours,’ explained Amit Dror, CEO of Nano Dimension. The company, which trades on the Tel Aviv stock exchange and the U.S. OTC market, has filed a patent application in the U.S. for its printing models and is currently in beta testing with numerous companies, according to the CEO. ‘We’re just at the beginning of starting to provide these beta systems to those customers. Toward the end of the year we’re hoping to turn those beta customers into paying commercial customers,’ said Dror, who estimated he’s going after a $70 billion market. Dror spoke with TheStreet’s Rhonda Schaffler in New York.