Novanta Inc Company Profile - Novanta Inc Overview (2024)

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  • Overview
  • Segment Analysis
  • Financials
  • Executives
  • SWOT Analysis
  • Locations
  • Competitors
  • Deals
  • Filing Analytics
  • Patents
  • Theme Exposure
  • Media

Novanta Inc (Novanta) is a global supplier of core technology solutions. The company's primary activities involve providing technology expertise and competencies in precision medicine and manufacturing, medical solutions, and robotics and automation. It offers laser sources and beam delivery technologies for electronics, industrial, medical, and scientific applications. Novanta’s technology drives various industrial applications such as semiconductor manufacturing, laser materials processing, laser additive manufacturing, robotics, and automation and metrology. The company offers medical technologies under JADAK, NDS Surgical Imaging, and Photo Research brands. Its precision motion products include Applimotion, microe, and Westwind among others. The company serves original equipment manufacturers (OEM) in medical and advanced industrial markets. It operates across the North America, Asia, and Europe. Novanta operates on a global scale, catering to markets worldwide. Novanta is headquartered in Bedford, MA, the US.

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Headquarters United States of America

Address 125 Middlesex Turnpike, Bedford, Massachusetts, 01730-1409

Telephone 1 781 2665618

No of Employees 2,900

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange NOVT (NASD)

Revenue (2022) $881.7M 2.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -1.6% (2022 vs 2021)

Market Cap* $6.6B

Net Profit Margin (2022) XYZ -3.8% (2022 vs 2021)

* As of and is in US$

View Novanta Inc financials

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Products and Services

Products Brands
Precision Medicine and Manufacturing: Synrad
CO2 Lasers. JADAK
Laser Beam Delivery Components Cambridge Technology
XYZ XYZ
XYZ XYZ
XYZ XYZ

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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Acquisitions/Mergers/Takeovers In January, the company acquired Motion Solutions.
2023 New Products/Services In June, Celera Motion announced a new version of its innovative direct drive motor platform, the Omni+Series.
2023 New Products/Services In March, Celera Motion announced the introduction of the Field Calibration IncOder.

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Novanta Inc Company Profile - Novanta Inc Overview (2)

Competitor Comparison

Key Parameters Novanta Inc Siemens AG Renishaw Plc Allient Inc Electro Scientific Industries Inc
Headquarters United States of America Germany United Kingdom United States of America United States of America
City Bedford Muenchen Wotton Under Edge Amherst Beaverton
State/Province Massachusetts Bayern Gloucestershire New York Oregon
No. of Employees 2,900 324,000 5,175 2,287 667
Entity Type Public Public Public Public Private

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Executives
Name Position Board Since Age
Matthijs Glastra Chairman; Chief Executive Officer Executive Board 2021 55
Robert Buckley Chief Financial Officer Senior Management 2011 49
Peter L. Chang Vice President; Controller; Chief Accounting Officer Senior Management 2011 -
Sarah Betadam Chief Information Officer; Chief Information Security Officer Senior Management 2021 -
Brian S. Young Chief Human Resources Officer Senior Management 2016 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY

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Novanta Inc Company Profile - Novanta Inc Overview (2024)

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