Israel's best-performing tech stock hasn't sold a single product

Nano Dimension found its way onto the Tel Aviv exchange using a reverse merger

Published Mon, Jan 11, 2016 · 09:50 PM

New York

OCCUPYING a small, second-floor space in the same office park as 3D printing giant Stratasys, a tiny Israeli upstart is trying to sell investors on a future in which physical objects materialise with the press of a button. Nano Dimension is nowhere near achieving that goal, yet somehow has become Israel's best-performing technology stock in 2015.

While Stratasys lost nearly three-quarters of its value last year, the much smaller Nano Dimension rallied 261 per cent. Not bad for a company with no customers or revenue.