Latest news with #Nano
Business Upturn
8 hours ago
- Business
- Business Upturn
Nano Dimension Statement Regarding Desktop Metal Bankruptcy and Strategic Decision Not to Acquire Assets
Waltham, Massachusetts, July 28, 2025 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) ('Nano Dimension' or the 'Company'), a leader in Digital Manufacturing solutions, today announced that its subsidiary, Desktop Metal, Inc. ('Desktop Metal'), has filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code. The decision to file for bankruptcy protection was made by Desktop Metal's independent Board of Directors, who conducted a process to explore available strategic alternatives and address Desktop Metal's significant liabilities and liquidity needs stemming from decisions made by its prior management. Ofir Baharav, Nano Dimension's CEO said: 'We are safeguarding our financial strength and preserving our position as the best capitalized company in our ecosystem. This is what enables the Company's to pursue strategic opportunities from a position of maximum strength—and that is exactly what the Company's shareholders should expect from us.' About Nano Dimension Driven by strong trends in onshoring, national security, and increasing product customization, Nano Dimension (Nasdaq: NNDM) delivers advanced Digital Manufacturing technologies to the defense, aerospace, automotive, electronics, and medical devices industries, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices. For more information, please visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding Nano's future growth, strategic plan and value to shareholders, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management's beliefs and assumptions made based on information currently available to management. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading 'Risk Factors' in Nano's annual report on Form 20-F filed with the Securities and Exchange Commission (the 'SEC') on May 12, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication. Investors: ICR – [email protected] Media: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
USA Today
6 days ago
- Health
- USA Today
Got A Hearing Aid Stuck In Ear? Nano Explains How To Get It Out Safely
Coppell, TX / Syndication Cloud / March 25, 2025 / Hearing At Home LLC It's not something you'd normally think about, but your hearing aid can actually get stuck in your ear. Nano Hearing Aids is here to walk you through why this can happen, what you should (and shouldn't) do, and how to make sure it doesn't happen again. Read Hearing Aid Stuck in Ear: How to Deal With It, Nano's latest guide to making the most of your devices: THE MOST IMPORTANT THING TO REMEMBER IF YOUR HEARING AID IS STUCK Nano Hearing Aids says it's essential you address a stuck hearing aid appropriately, and this means getting professional assistance from a doctor or audiologist. Your first instinct might be to try to fish the device out of your ear, but Nano says this is a big NoNo. Instead, remain calm, contact your doctor or audiologist, and make an appointment. If your device starts causing pain or bleeding, immediate medical attention is necessary, says Nano Hearing Aids. Consult their guide to find out what to expect during your emergency or GP appointment. HOW A QUALIFIED PROFESSIONAL CAN HELP Regardless of whether your hearing aid dome is stuck due to an emergency or can be addressed within a day or two by your ENT, doctor, or audiologist, stop wearing your device until it is safely removed. A professional will use a specialized tool to extract the dome, and then they'll check your ear for any injury or infection. A spokesperson for Nano Hearing Aids explains: 'Having a hearing aid stuck in your ear can be painful as well as dangerous. Knowing how to deal with the situation is essential. At Nano, our OTC hearing aids come with customizable dome sizes and other accessories to help prevent this issue.' CONSEQUENCES OF LEAVING A STUCK HEARING AID IN YOUR EAR TOO LONG Leaving a stuck dome in your ear for too long can lead to severe pain, swelling, itching, and hearing impairment. While it may start as a minor inconvenience, it can quickly become a serious issue. Incorrect dome sizes or long-term wear and tear are the most common reasons a hearing aid gets stuck. Nano recommends replacing your hearing aids' domes every three months and updating your hearing tubes every six months. As with anything, proper maintenance is key to longevity. In addition to offering ear domes in varying sizes, Nano Hearing Aids also provides a full line of accessories to help keep your devices in top working order. CIC OTC HEARING AIDS FOR BETTER COMFORT AND ENHANCED CLARITY Check out Nano's OTC completely-in-canal (CIC) hearing devices designed to sit comfortably and deeply in your ear canal to improve your hearing more discreetly. Available in two and four-program formats, these devices were recently re-engineered to offer the latest in background noise management and feedback management technology for clearer sound. Designed with user-friendliness in mind, they are easy to remove and come with an auto on/off function that activates when you take them out of or place them back into their charging case Nano Hearing Aids are FDA-registered, Class I devices designed for adults 18+ with perceived mild to moderate hearing impairment. Named a top ENT Solutions Provider in 2023, Nano prioritizes innovation and superior customer service, offering you 24/7 lifetime support. And remember, always be prepared! Learn more about what to do if your hearing aid gets stuck, and check out Nano's Spring Into Better Hearing Sale for 25% off your purchase. Visit today! Hearing At Home LLC 511 South Royal Lane Coppell TX 75019 United States
USA Today
7 days ago
- Health
- USA Today
Affordable OTC Hearing Aids Have Easy Volume Adjustments & Noise Reduction Tech
Coppell, TX / Syndication Cloud / April 22, 2025 / Hearing At Home LLC Nano Hearing Aids has a brand-new guide all about mastering volume control and fine-tuning adjustments across their full range of hearing aids so that you can enjoy good hearing, always. >>> Tune out the noise and turn up the clarity with their clear advice, at How To Adjust The Volume On Hearing Aids? Nano Hearing Aids' guide to volume adjustments covers their full range of OTC hearing aids for adults over the age of 18 with perceived mild to moderate hearing loss. Nano Hearing Aids is not only committed to making high-quality hearing aids that can help transform your life, but also to ensuring that you get the best possible use out of your Nano aids. As such, their guide has been written especially for you if you're a first-time wearer. If you're not that well-acquainted with aids or how they work, (don't worry!), this guide covers practical essentials like testing your aids in different environments—like quiet and noisy, indoors and outdoors—and the signs you may have the volume too low or too high. How Nano's Range Makes Good Hearing Easy Nano's guide also covers the smart volume functionality offered by their range of affordable OTC aids – all of their devices feature a simple rocker, multifunction button, or toggle switch for volume on the case. Many of them also come with an easy-to-use mobile app for volume control. Moreover, some of their devices now also offer a smart auto-adjustment functionality, whereby your aids will automatically adjust the volume in response to the external sound stimuli of the space you are in. Enjoy Natural Clear Sound With Nano Plus, as their guide explained, their models—like the popular First Ear Pro BTE —are also built with sophisticated noise reduction and feedback management technology, and with advanced omnidirectional microphones. This means you won't have to turn up the volume to hear the rich fullness of natural sound. 'At Nano Hearing Aids, we've been committed to delivering a seamless and customizable hearing experience for over 7 years,' said their spokesperson. 'Our First Ear Pro BTE model exemplifies this commitment, with easy-to-use controls and powerful noise reduction technology to ensure you hear clearly in any environment.' They added, 'Whether you prefer the precision of manual controls or the convenience of automatic adjustments, you can enjoy clear sound with our First Ear Pro BTE.' Protect Your Hearing For The Long-Term Beyond the tips and tricks that are offered for each one of their models, the guide also explains the importance of finding the right volume setting—striking the balance between being able to hear clearly and effectively and keeping the volume at a safe level that won't further damage your hearing. >>> Nano Hearing Aids cares about your hearing. Discover the Nano difference at Hearing At Home LLC 511 South Royal Lane Coppell TX 75019 United States
News18
7 days ago
- Business
- News18
10 Largest Crypto Heists In History
Bybit- $1.4 Billion Of ETH stolen in 2025 hack: One of the largest single thefts of cryptocurrencies in the industry's history, the Bybit hack occurred on February 21, 2025. The Dubai-based crypto exchange lost 400,000 ETH worth $1.4B within minutes when hackers exploited a private key in Bybit's hot wallet system to siphon off the funds. (Image : Pexels) Coincheck- $534 million in NEM (XEM) stolen in 2018 hack: Hackers managed to break into the exchange and steal crypto worth $534m in January 2018. The hackers reportedly used a phishing attack to access hot wallets. (Image: Pexels) FTX- $477 million of multiple cryptocurrencies stolen in 2022 post-collapse hack: The FTX CEX, founded in 2019 by Sam Bankman-Fried (SBF) and Gary Wang collapsed in November 2022, wiping out a grand total of $8.9 billion of its customers saving and investments. Nearly $477 million in various cryptocurrencies were drained in the suspected hack on November 11. (Image: Pexels) Mt. Gox- $460 million in BTC stolen in 2014 hack: The Japan-based crypto exchange launched in 2010 was hacked and bitcoin worth $8.75 million was stolen in 2011. It suffered another attack in 2014, when nearly $460 million in Bitcoins were siphoned off.(Image: Pexels) DMM Bitcoin: $308 million in Bitcoin stolen in 2024 hack: In May 2024, a massive hack resulted in the loss of 4,502.9 BTC, worth about $308 million at the time.(Image: Pexels) KuCoin- $281 million in various cryptocurrencies stolen in 2020 hack: Founded in 2013, KuCoin is a crypto exchange based in Singapore. It deals in several cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ardor. In September 2020, it was targeted, and the criminals managed to steal over $281m worth of coins and tokens.(Image : pexels) Wazir X- $230 million of several cryptocurrencies stolen in 2024 hack: Founded in 2018 to cater to the growing Indian cryptocurrency market. On July 18, 2024, a significant security breach occurred at WazirX. Approximately 50% of its assets worth $230 million (INR 1900 crores) was stolen from one of its main trading wallets by hackers, despite its robust security measures.(Image: Pexels) BitMart- $196 million of several cryptocurrencies stolen in 2021 hack: In December 2021, hackers were able to drain $196 million of crypto from the global centralised cryptocurrency exchange by stealing a private key that opened two hot wallets, consisting of $100 million in ETH and $96 million on the Binance Smart Chain.(Image: Pexels) BitGrail- $170 million in Nano tokens stolen in 2018 hack: BitGrail was hacked in February 2018, and 17 million Nano worth about $170 million was stolen. (Image: Pexels) 10/10
Indian Express
18-07-2025
- Business
- Indian Express
Okay, Tata: How Mamata govt is trying to put Nano in the rearview mirror
AS SHE seeks to recast her government's image as pro-industry, West Bengal Chief Minister Mamata Banerjee could not have chosen a more striking photo-op than her meeting with Tata Group Chairman N Chandrasekaran. The July 9 rendezvous, its photos widely shared, was the first such high-level meeting between Banerjee and a Tata executive since she led the Trinamool Congress agitation that drove the Tata Nano project out of Bengal in 2010, and rode the momentum to power. The focus on industry, and by extension jobs, reflects the political reality on the ground, with the BJP with its 'double-engine growth' narrative snapping at the heels of Banerjee's bid for a fourth consecutive term in power. Since Banerjee's meeting with Chandrasekaran, the Trinamool Congress government has announced a 'Business and Industry Conclave' later this year, while another Bengal Global Business Summit (after the one held in February this year) may be on the cards before the 2026 Assembly elections. Banerjee's meeting with Chandrasekaran, which lasted 45 minutes, was followed by messages by the TMC that underlined the distance the CM had travelled from the massive land acquisition agitation she led, while in the Opposition, against the Nano project. The party said the dialogue between Banerjee and the Tata Chairman was centred on West Bengal's growth. 'They talked about deepening the Tata Group's presence in the state, underscoring Bengal's emergence as a preferred destination for forward-looking industry leaders,' the TMC said. As per government sources, the overture to the Tatas had been in the making for several months. The CM first invited Chandrasekaran for the February Bengal Business Global Summit. While he could not make it, the two had an encouraging discussion on the eve of the summit. Later, at the summit's inaugural ceremony, Banerjee mentioned her conversation with Chandrasekaran. 'He assured us that they want to invest more and more in Bengal. And he will come to Bengal very soon and discuss (things in detail).' Currently the Tatas' presence in West Bengal is largely via Tata Consultancy Services, which has more than 54,000 employees across the state and is planning a 20-acre campus in the Bengal Silicon Valley Hub, located in New Town. The Tata Group also has investments in the hotel sector in the state. To a lesser degree, Tata Steel has a diversified presence with more than 11,100 employees, while Tata Hitachi has a plant in Kharagpur. Most of these plants date back to the Left time, with some expansions seen under the TMC regime. Amit Mitra, the Chief Financial Adviser to the CM, announced last week plans for a 'Business and Industry Conclave' in the state after Durga Puja. 'The State-Level Investment and Synergy Committee has been tasked with preparing a roadmap for the conclave,' Mitra, also the former state finance minister, said. The state government had announced the formation of this Committee ahead of the Global Business Summit 'in order to facilitate industrial growth and enhance the ease of doing business in the state'. The committee is headed by the Chief Secretary, with units planned in each district. The Bengal government has identified several revenue- and job-generating sectors for its industrialisation push, said Mitra. These include steel, gems and jewellery, Information Technology and related fields, food-related businesses, tourism, textiles and apparel, leather, pharmaceuticals and medical devices. A new pressure point for the TMC government are incidents of rounding up of Bengali migrants across the country as the Centre widens its crackdown against 'illegal' immigrants. The BJP has linked it to the Banerjee government's failure to check the exodus outside the state for work. The change in the messaging of the ruling TMC is stark. It came to power in 2011 riding on not just the Tata Nato agitation but also the anti-land acquisition protest against a pharmaceutical hub in Nandigram. The party's politics was encapsulated by the slogan 'Maa, Maati, Manush', first raised during the Singur movement, signifying its commitment to the disadvantaged and minorities above all. In March this year, the Banerjee government passed the Revocation of West Bengal Incentive Schemes and Obligations in the Nature of Grants And Incentives Act, which took away all incentives granted to industries since 1993, with retrospective effect. The legislation said, 'The object of this Act is to make state finances available for various social welfare schemes formulated and under operation in the state of West Bengal… and not to expend such finances to provide special assistance, financial incentives, state support, benefits, concessions or special privileges at the cost of the marginalised.' An official said the incentives were revoked as the state government 'was going to introduce a new industrial policy'. Sources said the policy was in the drafting stage. An industrialist said they are hoping that this new policy is unveiled soon, and that it smoothens the process of getting licences. 'We basically want a one-window system. The administration should also take strong steps against extortion and local hooliganism.' However, some like cement maker Nuvoco Vistas Corporation are not impressed. Last month, it informed the stock exchange that its wholly owned subsidiary NU Vista had filed a writ petition in the Calcutta High Court challenging the constitutional validity of the Act. Nuvoco said incentives of Rs 2,427.14 crore and Rs 2,300.44 crore to be received by Nuvoco and NU Vista were likely to be impacted because of the Act. During a recent visit to West Bengal, Union Home Minister Amit Shah noted the 'poor state' of industry in the state, saying: 'At the time of Independence, Bengal's share in India's industrial production stood at 30%… Today, it is down to a mere 3.5%… In 1960, Bengal's per capita income was 105% of Maharashtra. Now, it's not even half… I want to ask Mamata Didi and the Communists (the Left was in power for 34 years, before being unseated by the TMC), who is responsible for this?' Shah also criticised the Congress, which ruled the state for a long time. The BJP later posted on X: 'Under Mamata Banerjee, West Bengal is sinking economically: GSDP growth is below the national average (4.3%), per capita income is 20% lower than the national average, GDP share dropped from 6.8% in 1990-91 to 5.8% in 2021-22, female labour force participation is lower than the national average, the Gross Enrolment Ratios, at both Higher Secondary (2015-16) and Higher Education (2021) levels, are less than the national average. The state has a high fiscal deficit, a high debt-to-GDP ratio and a higher revenue deficit than the national average.' Hitting back, Banerjee accused Shah of 'speaking a garbage of lies'. 'He claimed our state is zero in industry, but we are No. 1 in the MSME sector. He claimed we could not build roads, but we are No. 1 in that,' she said. A recent working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) presented a mixed picture for West Bengal. While its share in India's GDP nearly halved from 10.5% in 1960-61 to 5.6% in 2023-24, the state has brought down its fiscal deficit – from around 4.24% of the Gross State Domestic Product (GSDP) under the Left, to about 3.0 % by 2018-19. During the Covid pandemic, even as economic conditions were uniformly impacted, the Bengal government managed to not let the deficit balloon, and it stood at 3.26 % of the GSDP by the end of the 2022-23 financial year. In her Budget speech this year, West Bengal Finance Minister Chandrima Bhattacharya said, 'West Bengal's GSDP grew by 6.8% in 2024-25, outpacing India's overall growth rate of 6.37%. The industrial sector registered a growth of 7.3%, significantly higher than India's 6.2%, while agriculture and allied sectors grew by 4.2%, compared to India's 3.8%. The services sector is also growing faster, at a rate of 7.8%, surpassing India's 7.2%.' About the Banerjee government's industry push, CPI(M) Central Committee member Sujan Chakraborty said, 'Mamata Banerjee knows the people's anger is increasing. Now, she is trying to rectify by invoking 'Bengali' sentiments and meeting the Tata Chairman. But, people won't be mollified.' BJP state president Samik Bhattacharya said, 'Mamata Banerjee will not get a chance to do industrialisation. The people of Bengal gave her 15 long years for this and she failed… We have to create an industry-friendly, investment-friendly atmosphere. We have told the industrialists, please wait for a year.'.
