Quarterlytics / Technology / Hardware, Equipment & Parts / Novanta

Novanta

NOVT · NASDAQ Technology
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Ticker NOVT
Exchange NASDAQ
Sector Technology
Industry Hardware, Equipment & Parts
Employees 1001-5000

Business description

Novanta Inc., a leading designer, manufacturer, and distributor of photonics, vision, and precision motion products, is making waves in the United States and beyond. With operations in three segments - Photonics, Vision, and Precision Motion - the company offers a range of innovative solutions to meet the needs of diverse industries. Under the Photonics segment, Novanta offers next-generation laser scanning, beam delivery, and optical light engine products for a variety of applications, including industrial processing, metrology, and DNA sequencing. The Vision segment offers an array of medical grade technologies designed for visualizing surgical procedures and collecting optical data. Meanwhile, the Precision Motion segment offers state-of-the-art encoders, motors, and air bearings that can be tailored to meet the precise demands of industrial applications. Novanta's products are sold under a variety of well-known brands, including Cambridge Technology, Synrad, and Laser Quantum. The company, which was formerly known as GSI Group before changing its name in 2016, has been in business since 1968 and is headquartered in Bedford, Massachusetts.

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Company facts
TickerNOVT
ExchangeNASDAQ
Sector Technology
Industry Hardware, Equipment & Parts
Employees1001-5000