Markforged Announces a Realignment of Its Technology Crew

WATERTOWN, Mass.–(Organization WIRE)–Markforged Holding Company (or “the Company”) (NYSE: MKFG), creator of the built-in metallic and carbon fiber additive producing system, The Digital Forge, nowadays announced a realignment of its know-how groups as component of its ongoing evolution to speed up its product roadmap and produce on its mission to guide the potential of distributed manufacturing. As element of a prepared changeover, David Benhaim, Co-Founder and Chief Technologies Officer, is stepping down from his part as Main Know-how Officer, successful now, and will continue being with the Firm in an advisory purpose via July 8, 2022.

As formerly announced in August 2021, John Howard joined the Business as the Vice President, Engineering with more than 30 years of knowledge in engineering and solution style with prior leadership roles, together with at Amazon and Apple. Howard now leads a entirely built-in engineering team, combining hardware, computer software and supplies progress attempts less than just one chief to scale operations and enhance collaboration and innovation.

“It is been my great honor, and a privilege, to be a portion of the Markforged group considering that its founding in 2013. I will generally look back again fondly on serving to to build this organization and doing work alongside these types of a wonderful group of talented and enthusiastic folks,” stated Benhaim.

“David’s contributions helped set the phase for Markforged’s future results and we are grateful for all of his attempts. We proceed to improve our management team, and we have an amazingly robust and deep engineering staff in spot,” explained Shai Terem, President and CEO. “Markforged is in an fantastic situation to execute on our expansion technique.”

About Markforged

Markforged (NYSE: MKFG) is reimagining how people construct anything by main a technological innovation-pushed transformation of producing with answers for enterprises and societies all over the world. The Markforged Digital Forge delivers the power and velocity of agile program development to industrial manufacturing, combining components, software program, and supplies to address offer chain problems appropriate at the issue-of-require. Engineers, designers, and production specialists all around the globe depend on Markforged metallic and composite printers for tooling, fixtures, useful prototyping, and large-benefit conclusion-use production. Markforged is headquartered in Watertown, Mass., where it models its solutions with around 350 workforce around the world. To discover much more, go to www.markforged.com.

Unique Take note With regards to Ahead-Searching Statements

This press launch is made up of forward-hunting statements that are centered on beliefs and assumptions and on information now out there. In some scenarios, you can determine forward-looking statements by the adhering to words and phrases: “may possibly,” “will,” “could,” “would,” “ought to,” “assume,” “intend,” “approach,” “foresee,” “feel,” “estimate,” “forecast,” “task,” “opportunity,” “continue,” “ongoing” or the adverse of these phrases or other similar terminology, whilst not all ahead-seeking statements comprise these phrases. Ahead-searching statements in this press release involve, but are not constrained to, statements concerning desire for Markforged solution and providers. Markforged cannot assure you that the ahead-seeking statements in this press release will show to be precise. These forward hunting statements are issue to a number of threats and uncertainties, including, among the other people, general financial, political and organization disorders and other variables reviewed under the header “Possibility Aspects” in the in Markforged’s most the latest registration statement on Sort S-1, Markforged’s most latest periodic report on Sort 10-Q and other filings with the Securities and Trade Commission (“SEC”). Markforged assumes no obligation to update these ahead-seeking statements contained in this press launch as a result of new facts, long term gatherings or normally.

Simonne Stigall

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