Nano Dimension Appoints Dr. Eli David to the Board of Directors
January 20 2021 - 9:25AM
Nano Dimension Ltd. (Nasdaq:
NNDM), an industry leading
Additively
Manufactured
Electronics (
AME)/
PE
(Printed Electronics) provider, announced today the
appointment of Dr. Eli David to the Board of
Directors.
Dr. Eli David is a world renowned AI expert
specializing in deep learning and evolutionary computation with
over fifty papers published in leading artificial intelligence
journals and conferences, mostly focusing on applications of deep
learning and genetic algorithms in various real-world domains. For
the past fifteen years, he has been teaching courses on deep
learning and evolutionary computation, in addition to supervising
the research of graduate students in these fields. He has also
served in numerous capacities, successfully designing,
implementing, and leading deep learning-based projects in
real-world environments.
Dr. David also serves as an AI consultant to
several Fortune 500 companies, and major venture capital and
private equity firms. He is a frequently invited speaker in
prominent AI venues, and a member of Forbes Technology Council.
Dr. David received the Best Paper Award in the
2008 Genetic and Evolutionary Computation Conference, the Gold
Award in the prestigious “Humies” Awards for Human-Competitive
Results in 2014, and the Best Paper Award in the 2016 International
Conference on Artificial Neural Networks. He is the developer of
Falcon, a Grandmaster-level chess playing program based on genetic
algorithms and deep learning, which reached second place in the
World Computer Chess Championship.
Yoav Stern, CEO of Nano Dimension, commented, “I
am thrilled to have Dr. David join our Board of Directors. As
a leading global thought leader in AI and a member of the Forbes
Technology Council, his expertise and global business connections
will be invaluable as we develop an advanced AI application in
machine learning. I look forward to Dr. David’s input towards our
next generation 3D-AME technology, which is envisioned to evolve
into a network of fabrication and assembly systems of
Hi-PEDs™ (High
Performance Electronic
Devices). We foresee a
neural-network like array of machines, connected wirelessly and
building a massive amount of cloud-residence fabrication process
and materials data, sharing it for cross-machine performance
improvements well as ERP and production management.”
Dr. David stated: “I am confident that Nano
Dimension will benefit from employing advanced AI and specifically
neural networks for dramatically improving and optimizing its
fabrication processes, and I hope my expertise in these fields as
well as my global business and scientific network will prove
beneficial to the Company.”
About Nano Dimension
Nano Dimension (Nasdaq: NNDM) is a provider of
intelligent machines for the fabrication of Additively Manufactured
Electronics (AME). High fidelity active electronic and
electromechanical subassemblies are integral enablers of autonomous
intelligent drones, cars, satellites, smartphones, and in vivo
medical devices. They necessitate iterative development, IP safety,
fast time-to-market and device performance gains, thereby mandating
AME for in-house, rapid prototyping and production. The DragonFly
LDM® system is being deployed in a wide range of industries,
including academic and research institutions, defense, aerospace,
autonomous automotive, robotics, and biotech. Its ability to enable
on-site prototyping in a matter of hours instead of weeks; create
products with better performance; reduce the size and weight of
electronic parts and devices; enable innovation; and critically
important, protect IP, is a paradigm shift in how industry and
research institutions will research, develop, and produce
High-Performance Electronic Devices (Hi-PEDs™.) Nano Dimension
machines serve cross-industry needs by depositing proprietary
consumable conductive and dielectric materials simultaneously,
while concurrently integrating in-situ capacitors, antennas, coils,
transformers and electromechanical components, to function at
unprecedented performance. Nano Dimension bridges the gap between
PCB and semiconductor integrated circuits. A revolution at the
click of a button: From CAD to a functional high-performance AME
device in hours, solely at the cost of the consumable materials.
For more information, please visit www.nano-di.com.
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,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Nano Dimension is using
forward-looking statements in this press release when it discusses
Dr. David’s contribution to the Company and his input towards the
Company’s next generation 3D-AME technology, and that Nano
Dimension will benefit from employing advanced AI and neural
networks for dramatically improving and optimizing its fabrication
processes. Because such statements deal with future events and are
based on Nano Dimension's current expectations, they are subject to
various risks and uncertainties. Actual results, performance or
achievements of Nano Dimension could differ materially from those
described in or implied by the statements 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 the heading “Risk Factors” in Nano
Dimension’s annual report on Form 20-F filed with the Securities
and Exchange Commission (“SEC”) on March 10, 2020, and in any
subsequent filings with the SEC. Except as otherwise required by
law, Nano Dimension 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 press release.
Nano Dimension is not responsible for the contents of third-party
websites.
NANO DIMENSION INVESTOR RELATIONS
CONTACT
Yael Sandler, CFO | ir@nano-di.com
U.S. Investor Relations:
Dave GentryRedChip Companies
Inc.Dave@redchip.com407-491-4498 or 1-800-RED-CHIP (733-2447)
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