Nano Dimension Initiates up to


Waltham, Mass., May 17, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (“Nano Dimension” or the “Company”) (NNDM), an industry leader in AAdditively Mmade Eelectronic (SOUL) and Mmicrophone-Aadditive Mmanufacture (Mmicrophone-A M), today announced that its Board of Directors has authorized a one-year stock repurchase plan (the “Repurchase Plan”) allowing the Company to invest up to $100 million to repurchase its American Depositary Shares (the “ADS”).

The repurchase plan authorizes the management of the Company to repurchase ADSs, from time to time, in open market transactions and/or privately negotiated transactions or in any other legally permitted manner, subject to the terms of the market, share price, trading volume and other factors. Such redemptions will be made in accordance with applicable United States securities laws and regulations, under the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), and applicable Israeli law, and are subject to the approval of the Israeli court, which aims to ensure that the Company has sufficient resources for the Buyout Plan without affecting its other outstanding obligations and commitments.

The Company may redeem all or part of the authorized redemption amount. The Buyback Plan does not obligate the Company to redeem any specific number of ADSs and may be suspended or terminated at any time at management’s discretion.

About Nano Dimension

The vision of Nano Dimension (NNDM) is to transform the electronics and similar additive manufacturing sectors through the development and delivery of an environmentally friendly and economically efficient additive manufacturing solution, Industry 4.0, while enabling a conversion in one production step from digital designs to functional devices – on demand, anytime, anywhere.

The Dragonfly IV® the system and specialized materials serve the entire industry Hhigh-Pperformance Eelectronic Ddevices (Hi-PED®) manufacturing needs by simultaneously depositing proprietary conductive and dielectric substances, while integrating in situ capacitors, antennas, coils, transformers and electromechanical components. The results are Hi-PED® which are key enablers of autonomous smart drones, cars, satellites, smartphones and in vivo medical devices. Additionally, these products enable iterative development, IP security, rapid time to market, and device performance gains.

Nano Dimension also develops complementary production equipment for Hi-PED® and printed circuit board (PCB) assembly (Puma, Fox, Tarantula, Spider etc.). The main competitive advantage of this technology is its adaptive and highly flexible surface mount technology (SMT) pick and place equipment, material dispenser suitable for both high-speed and micro-dispensing , as well as intelligent storage of production materials. and logistics system.

Additionally, Nano Dimension is a leading developer and supplier of high performance control electronics, software and ink supply systems. It invents and supplies state-of-the-art 2D and 3D printing hardware and unique operating software. It focuses on high-value, precision-driven applications such as specialty packaging direct to containers, printed electronic functional fluids, and 3D printing, all of which can be controlled by the proprietary software system – Atlas.

Serving similar users of Hi-PED®nanodimensions Factory 2.0 The additive microfabrication system enables the production of microparts based on a digital light processor (DLP) engine that achieves repeatable micron resolution. The Fabrica 2.0 is designed with a patented range of sensors that enables a closed feedback loop, using proprietary materials to achieve very high accuracy while remaining a cost effective mass manufacturing solution. It is used in the fields of micron-level resolution of medical devices, micro-optics, semiconductors, micro-electronics, micro-electro-mechanical systems (MEMS), microfluidics and life science instruments.

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Forward-looking statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Words such as “expects”, “anticipates”, “intends”, “anticipates”, “believes”, “seeks”, “estimates” and similar expressions or variations of these words are intended identify forward-looking statements. For example, Nano Dimension uses forward-looking statements in this press release when discussing the buyout plan and the company’s ability to implement it, including receipt of Israeli court approval. Because these statements address future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. The actual results, performance or achievements of Nano Dimension may differ materially from those described or implied by the statements contained in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension assumes 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 unforeseen events.Web site references and links have been provided as a convenience, and the information contained on such web sites is not incorporated by reference in this press release Nano Dimension is not responsible for the content of third-party websites.

Yael Sandler, Chief Financial Officer | [email protected]



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