Novanta

Bedford, United States Founded: 1968 • Age: 58 yrs
Provider of photonic and motion control components and subsystems for medical and industrial markets
Annual revenue $949.2M Latest available
Total funding - 1 rounds
Employees 3000 Tracked headcount
Investors 1 Known backers
Products 8 Services tracked
Competitors 9 Brand Intelligence

About Novanta

Novanta is a company based in Bedford (United States) founded in 1968. The company has 3,000 employees as of December 31, 2024. Novanta has completed 14 acquisitions, including ARGES, ATI Industrial Automation and Applimotion. Novanta offers products and services including Machine Vision Cameras, RFID Modules, Barcode Readers, Spectroradiometers, and Insufflators. Novanta operates in a competitive market with competitors including Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others.

  • Headquarter Bedford, United States
  • Employees 3000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Healthcare Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Novanta Inc.
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $949.25 M (USD)
    7.67
    as on Dec 31, 2024
  • Net Profit
    $64.09 M (USD)
    -12.06
    as on Dec 31, 2024
  • EBITDA
    $179.86 M (USD)
    5.85
    as on Dec 31, 2024
  • Latest Funding Round
    $27.61 K (USD), Grant

    Apr 01, 2020

  • Investors
  • Employee Count
    3000

    as on Dec 31, 2024

  • Investments & Acquisitions
    ARGES

    & 13 more

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IPO & Listings of Novanta

Novanta is a publicly listed company on the NASDAQ with ticker symbol NOVT in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: NOVT · Sector: Electronic technology · USA

Products & Services of Novanta

Novanta offers a comprehensive portfolio of products and services, including Machine Vision Cameras, RFID Modules, Barcode Readers, Spectroradiometers, and Insufflators.

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Primary

Cameras for detection and tracking in manufacturing.

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Modules for radio-frequency identification applications.

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Devices for reading 1D and 2D barcodes efficiently.

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Instruments for spectral analysis in various fields.

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Equipment for surgical procedures like endoscopy.

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Drives for precise motor operations in automation.

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Systems for beam delivery and control applications.

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Sensors for measuring forces in robotic systems.

People of Novanta

Headcount 200-500
Employee Profiles 9
Employee Profiles
People
Nissia Sabri
SVP, Corporate Development
People
John Burke
Chief Accounting Officer
People
John Lesica
Co-COO, Medical Solutions
People
Sarah Betadam
CIO & CISO

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Funding Insights of Novanta

Investors in Novanta

Novanta has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

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Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Novanta

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Investments & Acquisitions by Novanta

Novanta has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include ARGES, ATI Industrial Automation and Applimotion.

Investments
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Investment portfolio details for Novanta

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical devices are contract manufactured for the industry.
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Develops position sensors and angle encoders with industrial applications
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Precision motion technology is provided for industrial applications.
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Complete acquisition details for Novanta

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Financial Statements - Novanta

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Detailed financials for Novanta

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Novanta Comparisons

Novanta Primary company
Description
Provider of photonic and motion control components and subsy...
Location
Bedford, United States
Founded Year
1968
Annual Revenue
$949.25 M (USD)
Net Profit
$64.09 M (USD)
EBITDA
$179.86 M (USD)
Employees
3,000
As of 2024
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Peer comparison for Novanta

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Competitors of Novanta

Novanta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schneider Electric, Honeywell, Danfoss, Rockwell Automation and Emerson, among others.

Company Name Domain Founded year HQ Location Description
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Energy management and automation solutions are provided globally.
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Diversified electronics and automation equipment are manufactured and supplied.
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Manufacturer of energy efficiency products
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Industrial automation and information systems are provided to global industries.
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Automation and engineering services are provided for multiple industries.
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Manufacturer of Industrial and Consumer Electric Equipment
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Detailed competitors of Novanta

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Latest news on Novanta

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Complete news archive for Novanta

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Frequently Asked Questions about Novanta

Novanta was founded in 1968 and raised its 1st funding round 52 years after it was founded.

Novanta is headquartered in Bedford, United States.

Matthijs Glastra is the current CEO of Novanta.

As of Dec 31, 2024, the latest employee count at Novanta is 3,000.

Annual revenue of Novanta is $949.25M as on Dec 31, 2024.

Novanta was founded in 1968 and is headquartered in Bedford, United States. Components and subsystems in photonics and motion control are developed and provided by the company for applications in medical and industrial sectors. Operations focus on precision technologies that support equipment manufacturing and integration across these markets, with a global reach from its U.S. base.

Novanta's top competitors include Honeywell, CG Power & Industrial Solutions and Schneider Electric.

Novanta offers Machine Vision Cameras, RFID Modules, Barcode Readers, Spectroradiometers, and 4 more products and services.

Yes, Novanta is publicly traded on NASDAQ under the ticker symbol NOVT.

Novanta has made 14 acquisitions, including ARGES, ATI Industrial Automation, and Applimotion.

Novanta has 1 investor. Key investors include European Union.

The ticker symbol of Novanta is NOVT on NASDAQ.

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