By Nicholas G. Miller

Nano Dimension removed its chief executive after just five months at the helm and said its board would begin a review of strategic alternatives.

The digital manufacturing company said it was replacing Ofir Baharav with David Stehlin, who joined the company's board in February and is chief executive of the Telecommunications Industry Association.

The company appointed Baharav in April, shortly before a Delaware court ruled against the company, forcing it to complete its acquisition of Desktop Metal, a 3D printing company Nano had agreed to acquire for up to $183 million last year.

After the acquisition closed, Nano said it would begin a review of strategic alternatives for Desktop Metal and in July, Desktop Metal filed for bankruptcy, with Nano saying it aimed to safeguard its financial position.

"I recognize that Nano Dimension has been going through a very challenging period, but we now have a strong understanding of the value we can unlock through a clear focus on fiscal responsibility and targeted growth opportunities," Stehlin said.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

September 09, 2025 07:27 ET (11:27 GMT)

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