Company profile: Novanta
1.1 - Company Overview
Company description
- Provider of precision photonic and motion control components and systems, including optical/inductive encoders, motors, actuators, servo drives, air bearing spindles; beam steering and optical scanning components, scan heads and control hardware/software; robotic end-effectors, automatic tool changers, force-torque sensors, material removal tools; machine vision cameras, RFID/barcode readers for healthcare; continuous wave/ultrafast lasers and optical light engines; medical visualization, video recording and wireless imaging for surgical and endoscopy.
Products and services
- ATI Industrial Automation: Architects robotic-grade end-effectors, automatic tool changers, force-torque sensors, and material removal tools that enable flexible tool exchange, contact force measurement, and automated material removal operations in robotic cells
- Celera Motion: Engineers precision-grade motion control components and systems—optical and inductive encoders, motors, actuators, servo drives, and air bearing spindles—delivering accurate position feedback, torque generation, and ultra-smooth rotation for machinery
- Cambridge Technology: Develops galvanometer-based beam steering systems, including polygon and galvanometer optical scanning components, scan heads, and control hardware/software, enabling optical beam positioning and coordinated scanning within integrated assemblies
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Novanta
Intevac
HQ: United States
Website
- Description: Provider of manufacturing equipment and solutions for the hard disk drive industry, with offerings for photovoltaic (PV) and semiconductor industries. Operates Equipment and Intevac Photonics segments, designing, developing and marketing magnetic media processing systems, PMR deposition tools (200 Lean), automated coating systems (TRIO), VisNIR/NIR/UV cameras (MicroVista), and ion implant processes for solar cell manufacturing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Ultra Communications
HQ: United States
Website
- Description: Provider of high-speed digital and RF fiber optic components for harsh environments, designed, developed, and manufactured on UltraComm’s patented planar flip-chip packaging platform to deliver the industry’s most compact solutions with smallest size and lowest weight and power (SWaP), and SMT.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Spectricity
HQ: Belgium
Website
- Description: Provider of spectral and hyperspectral sensing solutions for high-volume mobile and consumer devices using low-cost CMOS technologies. Offerings include multispectral mobile cameras, spectral imaging AWB for color accuracy, plug-and-play sensing systems (sensors, optics, interfaces, APIs, software), spectral sensors that combine spectral and spatial data to enhance computer vision, and wafer-scale hyperspectral filter technology.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Altitun
HQ: United States
Website
- Description: Provider of a full tunable laser product line, designed to help systems vendors and carriers reduce costs today and drive the all-optical networks of tomorrow; described as the world's most complete tunable laser offering.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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M Squared Lasers
HQ: United Kingdom
Website
- Description: Provider of next-generation lasers and photonic instruments for industrial and scientific applications, including SolsTiS continuous-wave Ti:Sapphire lasers; Sprite XT ultrafast sources; Firefly IR pulsed tunable infrared; Aurora Airy Beam light sheet imaging; and atom interferometry sensors for navigation and gravity measurement (Quantum Accelerometer, Quantum Gravimeter).
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Novanta
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Novanta
2.2 - Growth funds investing in similar companies to Novanta
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4 - Top valuation comps for Novanta
4.2 - Public trading comparable groups for Novanta
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