The 52-year-old was arrested under the Terrorism Act in Londonderry on Thursday.
On Friday the police announced he has been charged on suspicion of a number of terrorist offences.
These include preparatory acts of terrorism, possession of explosives with intent and possession of articles likely to be of use to terrorists.
Head of the PSNI’s Serious Crime Branch Detective Chief Superintendent Raymond Murray said the arrest came as part of a probe into the New IRA’s bomb-making activity.
“He was arrested as part of Operation Ledging, a discrete, stand-alone strand of Operation Arbacia, looking specifically at the New IRA’s bomb-making activities as well as the group’s storage of explosive devices and equipment,” he said.
The man is due to appear at Laganside Court in Belfast on Saturday morning.