Nano Dimension Strengthens Board with Technology and Growth Experts to Accelerate Global Manufacturing Platform Expansion

Rhea-AI Summary

Nano Dimension (NNDM) has appointed two technology and growth experts, Andy Sriubas and Eileen Tanghal, to its Board of Directors. Sriubas brings extensive commercial experience as former CCO at OUTFRONT Media and over 20 years in investment banking, while Tanghal contributes deep tech expertise as co-founder of Black Opal Ventures and former partner at In-Q-Tel. The appointments come as Nano Dimension transitions from M&A integration to scaling its unified digital manufacturing platform globally. CEO Ofir Baharav emphasized that these strategic additions will help guide the company's next phase with a focus on shareholder value. Both appointees bring complementary strengths - Sriubas in platform commercialization and strategic opportunities, and Tanghal in scaling transformative technologies.

Positive

• Strategic board appointments with complementary expertise in technology commercialization and scaling operations
• Company transitioning from M&A integration phase to growth and platform scaling phase
• New directors bring extensive experience in digital transformation and venture capital

Negative

• None.

Waltham, Massachusetts, June 11, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, has appointed two technology and growth experts, Andy Sriubas and Eileen Tanghal, to its Board of Directors. The appointments come at a pivotal moment as the Company shifts from M&A integration to scaling a unified technology platform across its global markets.

“We are strengthening our board at a critical moment in Nano Dimension’s development,” said Ofir Baharav, CEO, Nano Dimension. “With our digital manufacturing platform now aligned and abundant opportunities in front of us, Andy and Eileen bring forward-thinking leadership and operational experience that will help guide our next phase with a focus on delivering for shareholders. Both bring a deep understanding of technology at its core and a broad perspective on how to translate it into value.”

Andy Sriubas is a veteran commercial executive and former chief commercial officer at OUTFRONT Media, where he led digital transformation, strategic partnerships, and new revenue generation. He previously spent over two decades as an investment banker with JPMorgan, UBS, and DLJ, advising on complex M&A and capital markets transactions. Sriubas earned a bachelor of science degree in finance at Boston College’s Wallace E. Carroll School of Management. His professional certificates include Stanford Law School, Board of Directors College; MIT xPro in Quantum Mechanics; and MIT Sloan School of Management in Blockchain Technology. He is located in South Carolina.

Eileen Tanghal is co-founder and general partner at venture capital firm Black Opal Ventures, with deep expertise in evaluating and scaling breakthrough technologies. A former partner at In-Q-Tel, a venture capital firm established by the Central Intelligence Agency, and executive at ARM and Applied Materials Ventures, she brings a unique ability to assess technical foundations and translate them into scalable, disruptive outcomes. Tangal earned her MBA in International Finance and Entrepreneurial Management from the London Business School, and a bachelor’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology. She is based in the Silicon Valley area.

“My career has largely been dedicated to leveraging platform technologies and helping companies to successfully navigate digital transformation,” said Sriubas. “This is a transformative period for Nano Dimension with the Company’s expanded technology portfolio and renewed focus on execution presenting a unique opportunity to shape the future of digital manufacturing. I look forward to contributing my expertise to help accelerate growth, unlock value, and scale innovation that truly matters.”

“Nano Dimension is at an important inflection point in its growth and focus on commercialization in the digital manufacturing market,” said Tanghal. “Like so many of the companies I have supported over the decades, it is on the cusp of using technology to solve many of the global manufacturing industries’ largest problems. Its seasoned management team and broad array of patents, technologies and proven solutions have set the Company up for success.”

Bob Pons, chairman of the board of Nano Dimension, added: “Andy and Eileen bring complementary strengths—Andy in commercializing platforms and navigating strategic opportunities and Eileen in identifying and scaling transformative technologies. Together, they add depth to the Company’s existing board, bringing strategic foresight and real-world operating acumen at a moment when Nano Dimension solidifies its digital manufacturing leadership and is primed for growth.”

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 https://www.nano-di.com/.

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.

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Editor’s note: High-resolution photos of new board members Andy Sriubas and Eileen Tanghal are available upon request.

Contacts:

Investors: ICR - nano-di@icrinc.com
Media: Feintuch Communications - NanoDimension@feintuchpr.com

FAQ

Who are the new board members appointed to Nano Dimension (NNDM)?

Nano Dimension appointed Andy Sriubas, former CCO at OUTFRONT Media, and Eileen Tanghal, co-founder of Black Opal Ventures, to its Board of Directors.

What is the strategic significance of NNDM's new board appointments?

The appointments come as Nano Dimension transitions from M&A integration to scaling its unified digital manufacturing platform globally, with both directors bringing expertise in technology commercialization and scaling operations.

What is Andy Sriubas's background and experience?

Andy Sriubas is a former CCO at OUTFRONT Media with over 20 years of investment banking experience at JPMorgan, UBS, and DLJ, specializing in M&A and capital markets transactions.

What expertise does Eileen Tanghal bring to NNDM's board?

Eileen Tanghal brings expertise in scaling breakthrough technologies as co-founder of Black Opal Ventures, former partner at In-Q-Tel, and executive experience at ARM and Applied Materials Ventures.

What is Nano Dimension's current business focus?

Nano Dimension is focusing on scaling its unified digital manufacturing technology platform across global markets, transitioning from its previous M&A integration phase.