{ "schemaVersion": 1, "organisationId": "O-e22bc8ae9b3c4684a44485ef1a78593b", "slug": "novanta-inc", "name": "NOVANTA INC", "updatedAt": "2026-10-02T16:33:29.609345Z", "sections": [ { "type": "OVERVIEW", "text": "Novanta is a global technology company supplying precision components and subsystems to medical, life-science and advanced-industrial original equipment manufacturers. Its products include laser and motion-control technologies, robotics, machine-vision and imaging systems, and equipment used in medical procedures and diagnostics. [P36431811][P49555236]\n\nThe company’s technologies serve applications ranging from minimally invasive surgery, ophthalmology and life-science research to laser processing, semiconductor production and industrial automation. Novanta has a global presence, with locations across North America, Europe and Asia Pacific. [P57299771][https://novanta.com/about/our-locations/]\n\nNovanta describes its purpose as supporting life-changing healthcare and transforming advanced manufacturing through its high-precision technologies. [https://novanta.com/about/vision-mission/] For the year ended December 31, 2025, it reported revenue of $980.6 million and has approximately 3,000 employees. [T13160196][https://novanta.com/about/sustainability/] Founded in 1968, the company adopted the Novanta name in 2016. [P91075755]\n[P36431811][P49555236][P57299771][https://novanta.com/about/our-locations/][https://novanta.com/about/vision-mission/][T13160196][https://novanta.com/about/sustainability/][P91075755][https://novanta.com/about/our-locations/][https://novanta.com/about/vision-mission/][https://novanta.com/about/sustainability/]", "updatedAt": "2026-10-02T16:33:29.609345Z" }, { "type": "PRODUCTS", "text": "Novanta’s Automation Enabling Technologies include laser beam-steering and scanning systems, including optical scanners and scan heads; diode, diode-pumped solid-state and CO₂ laser sources; precision-motion sensors, motors, servo drives and control software; robotic end-of-arm tooling such as tool changers and force/torque sensors; and high-speed air-bearing spindles. Examples include the Versia production scan head for marking, coding and 2D processing, and LIGHTNING II 3-axis scan heads for high-speed 3D beam positioning with dynamic focus. [T12164744][https://novanta.com/precision-manufacturing/product/versia-2-axis-scan-head/][https://novanta.com/precision-manufacturing/product/lightning-ii-3-axis-scan-head/]\n\nMedical Solutions products include insufflators, endoscopic pumps, surgical disposables and accessories; machine-vision cameras, RFID readers and barcode data-collection systems; precision-motion subsystems; laser light engines; and operating-room imaging, recording, streaming and display interfaces. Product examples include the FUSIONultra configurable multi-wavelength light engine for life-science instruments, the Advantage 182 embedded smart camera with machine vision, barcode reading and AI-based edge learning, and Axia force/torque sensors with specified force ranges from ±150 N to ±4,000 N. Insufflator products support cavity distension, smoke evacuation, and gas heating or humidification. [T1496506][https://novanta.com/precision-manufacturing/product/fusionultra/][https://novanta.com/precision-medicine/product/advantage-182-smart-camera/][https://novanta.com/robotics-automation/products/force-torque-sensors/axia/][https://novanta.com/advanced-surgery/insufflators/]\n\nNovanta also provides customer-requested professional services, generally maintenance and repair of previously sold products and engineering; these represented less than 3% of consolidated revenue. In the first half of 2026, the medical end market accounted for approximately 52% of revenue; the company does not disclose revenue percentages for individual products. [P147194882][P147195233]\n[T12164744][T1496506][P147194882][P147195233][https://novanta.com/precision-manufacturing/product/versia-2-axis-scan-head/][https://novanta.com/precision-manufacturing/product/lightning-ii-3-axis-scan-head/][https://novanta.com/precision-manufacturing/product/fusionultra/][https://novanta.com/precision-medicine/product/advantage-182-smart-camera/][https://novanta.com/robotics-automation/products/force-torque-sensors/axia/][https://novanta.com/advanced-surgery/insufflators/]", "updatedAt": "2026-10-02T16:33:29.609345Z" }, { "type": "GEOGRAPHY", "text": "In FY2025, Novanta reported revenue across the United States (52.9%), Germany (11.7%), the rest of Europe (14.0%), China (9.5%), the rest of Asia-Pacific (9.9%) and other markets (2.0%). [T12278026] At December 31, 2025, approximately 3,000 employees were distributed across the United States (36%), Europe (55%) and Asia (9%). [https://www.sec.gov/Archives/edgar/data/1076930/000119312526064230/novt-20251231.htm]\n\nThe company’s principal executive offices are in Bedford, Massachusetts. Its listed principal properties include Bedford and Apex, North Carolina; Ludwigsstadt, Germany; Přelouč, Czech Republic; Suzhou, China; and Stockport and Taunton in the United Kingdom. [P99989198][T4894476] Additional named manufacturing locations include Marlborough, Massachusetts; Mukilteo and Rocklin in the United States; Manchester, UK; Irvine and Syracuse in the United States; and Barcelona, Spain. [P40782468]\n[T12278026][T12278026][T12278026][T12278026][T12278026][T12278026][P99989198][T4894476][P40782468][https://www.sec.gov/Archives/edgar/data/1076930/000119312526064230/novt-20251231.htm]", "updatedAt": "2026-10-02T16:33:29.609345Z" }, { "type": "SEGMENTS", "text": "Novanta reports two business segments. Automation Enabling Technologies (AET) includes laser beam steering and laser sources, precision and robotic motion, robotic end-of-arm tooling, and air-bearing spindles. Its products serve advanced industrial processes, robotics, life-science automation, and medical laser procedures, among other applications. [P36987193][T12164744] Medical Solutions includes insufflators and endoscopic pumps and disposables, imaging and identification products, advanced motion control, light engines, and integrated operating-room technologies. Its applications include minimally invasive surgery, medical-device imaging, life-sciences equipment, and surgical video and imaging management. [P9642578][T1496506]\n\nFor FY2025, AET generated $500.835 million, approximately 51.1% of consolidated revenue of $980.600 million; Medical Solutions generated $479.765 million, approximately 48.9%. [T751092] These percentages are calculated from reported segment and consolidated revenue. The company also discusses revenue by end market, but that is a separate view from its two reportable segments. [P17435316][P62606636]\n[P36987193][T12164744][P9642578][T1496506][T751092][T751092][T751092][P17435316][P62606636]", "updatedAt": "2026-10-02T16:33:29.609345Z" }, { "type": "HISTORY", "text": "Novanta traces its origins to General Scanning, Inc., incorporated in Massachusetts in 1968. General Scanning merged with Lumonics Inc. in 1999 to form GSI Lumonics, which became GSI Group in 2005. After filing for Chapter 11 in 2009, the company emerged from bankruptcy in 2010 and returned to Nasdaq trading in 2011. [P176338886][https://www.sec.gov/Archives/edgar/data/1076930/000119312510165144/dex991.htm][https://www.sec.gov/Archives/edgar/data/1076930/000119312511029050/dex991.htm]\n\nFrom 2013, GSI Group expanded into medical and sensing technologies through acquisitions including NDS Surgical Imaging and JADAK. In 2016, it adopted the name Novanta Inc. and began trading under the ticker NOVT. Subsequent acquisitions broadened its portfolio in minimally invasive surgery, lasers, precision motion and automation, including World of Medicine (2017), Zettlex (2018), ARGES (2019), SEM and ATI Industrial Automation (2021), and Motion Solutions (2024). In 2026, Novanta completed its acquisition of Riverpoint Medical. [P176338958][https://investors.novanta.com/news/news-details/2016/GSI-Group-Announces-Corporate-Name-Change-to-Novanta-Inc/default.aspx][https://investors.novanta.com/news/news-details/2017/Novanta-Announces-Closing-of-World-of-Medicine-Acquisition/default.aspx][https://investors.novanta.com/news/news-details/2018/Novanta-Acquired-Zettlex/default.aspx][https://novanta.com/precision-manufacturing/articles/news/novanta-completes-acquisition-of-arges/][https://investors.novanta.com/news/news-details/2021/Novanta-Completes-Acquisitions-of-SEM-and-ATI-and-Updates-Financial-Guidance/default.aspx][https://investors.novanta.com/news/news-details/2024/Novanta-completes-acquisition-of-Motion-Solutions/default.aspx][https://investors.novanta.com/news/news-details/2026/Novanta-Completes-Acquisition-of-Riverpoint-Medical/default.aspx]\n[P176338886][P176338958][https://www.sec.gov/Archives/edgar/data/1076930/000119312510165144/dex991.htm][https://www.sec.gov/Archives/edgar/data/1076930/000119312511029050/dex991.htm][https://investors.novanta.com/news/news-details/2016/GSI-Group-Announces-Corporate-Name-Change-to-Novanta-Inc/default.aspx][https://investors.novanta.com/news/news-details/2017/Novanta-Announces-Closing-of-World-of-Medicine-Acquisition/default.aspx][https://investors.novanta.com/news/news-details/2018/Novanta-Acquired-Zettlex/default.aspx][https://novanta.com/precision-manufacturing/articles/news/novanta-completes-acquisition-of-arges/][https://investors.novanta.com/news/news-details/2021/Novanta-Completes-Acquisitions-of-SEM-and-ATI-and-Updates-Financial-Guidance/default.aspx][https://investors.novanta.com/news/news-details/2024/Novanta-completes-acquisition-of-Motion-Solutions/default.aspx][https://investors.novanta.com/news/news-details/2026/Novanta-Completes-Acquisition-of-Riverpoint-Medical/default.aspx]", 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