Novanta Inc - Company Profile
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Novanta Inc (Novanta), formerly GSI Group Inc, manufactures and markets precision photonics, motion control components and subsystems. The company provides laser products, medical technologies, and precision motion products. 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 is headquartered in Bedford, Massachusetts, the US.
Products and Services
Products | Brands |
---|---|
Photonics | Synrad |
CO2 Lasers. | JADAK |
Laser Beam Delivery Components. | Cambridge Technology |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
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. |
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 | 321,000 | 5,175 | 2,287 | 667 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Matthijs Glastra | Chief Executive Officer; Chairman | Executive Board | 2021 | 54 |
Robert Buckley | Chief Financial Officer | Senior Management | 2011 | 48 |
Peter Chang | Controller; Vice President; Chief Accounting Officer | Senior Management | 2011 | - |
Sarah Betadam | Chief Information Officer; Chief Information Security Officer | Senior Management | 2021 | - |
Brian 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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