Nova to Expand Production Capacity with New State-of-the-Art Clean room

Rehovot, Israel – September 15, 2020 – Nova (Nasdaq: NVMI) announced today that it will expand its production and development capabilities with a new state-of-the-art clean room in Israel.

Following a recent move to new offices, Nova is now in the process of constructing a highly advanced clean room facility that will support the company’s advanced technologies and continuous growth. The new facility will extend Nova’s current production capabilities beyond its current clean rooms in Israel and USA and follows the recent opening of a new site in Fremont, CA.

The new clean room will become operational in late 2022.

The new clean room facility is planned for manufacturing Nova’s most advanced platforms by utilizing state-of-the-art production methods, including industry 4.0 elements and high levels of automation. As part of Nova’s corporate social responsibility, the construction will support high sustainability standards.

“The new clean room is planned to be both user and environmentally friendly,” says Gabi Sharon, COO at Nova. “It will be built as an energy efficient site and will meet the highest industry standards for a safe, smart work environment. The new facility will allow Nova to meet the continuous demand for our diversified portfolio and new technologies while implementing cutting-edge production methods.”