Nano Dimension Closes the Acquisition of Machine Learning/Deep Learning Leader, DeepCube Ltd.

Leading an AI/Deep Learning driven revolution in manufacturing

Nano Dimension Ltd.(Nasdaq: NNDM), an Additively Manufactured Electronics (AME)/PE (3D-Printed Electronics) provider, announced that is has closed the previously announced acquisition of DeepCube Ltd. (“DeepCube”) (https://www.deepcube.com), a leader in Machine Learning/Deep Learning (ML/DL) technology. Nano Dimension paid the shareholders of DeepCube approximately $40 million in cash and $30 million in American Depositary Shares (ADSs) of Nano Dimension, which are subject to stand still for various periods of up to 3 years after closing of this transaction.