Novanta Inc.

Novanta supplies precision motion, vision, photonics and medical technology components for advanced equipment makers. Its products include motors, drives, encoders, scanners, cameras and control systems used in robotics, surgical devices, industrial automation and scientific instruments.

Facts

  • Segment: Vision
  • Country: United States
  • Ticker: NOVT
  • Website: https://www.novanta.com

About

About Novanta Inc.

Novanta supplies precision technology to medical and advanced-industrial equipment manufacturers. Its portfolio includes machine vision, optical systems, laser components, motors, servo drives, encoders, sensors, RFID positioning and robotic tool changers.

The company operates through specialised technology businesses serving system builders. Robotics capability depends on the relevant Novanta brand and selected motion, vision or automation component.

Market context

Novanta sits in the enabling stack for robotics through motion control, encoders, motors, vision systems and embedded technologies used by medical and industrial automation OEMs.

  • Luster - comparable profile - peer: Industrial Machine Vision Supplier
  • Dahua Technology - comparable profile - peer: Industrial Machine Vision Supplier
  • Cognex Corporation - comparable profile - peer: Industrial Machine Vision Supplier

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Financials

  • NOVT - NASDAQ - USD

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Timeline

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Team

  • Matthijs Glastra - Chair and Chief Executive Officer
  • Robert Buckley - Chief Financial Officer
  • Liam Shanahan - Chief Human Resources Officer

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Relations

  • Tenomix - Precision Medicine Robotics Mentor - Novanta supported and mentored Tenomix through the MassRobotics Healthcare Catalyst programme.

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