Novanta jobs, roles and skills | Banseog Physical AI

Banseog note · 2026-10-26

Growing its robot components while shifting its center of gravity to medical

Expansion — widening its medical share through a large acquisition while revenue from robotics and automation components rises

Revenue in 2025 was a record USD 980.6 million (+3.3%). Of this, the Automation Enabling Technologies segment brought in USD 500.84 million, and revenue from robotics and automation products rose by USD 30.3 million (2025 annual report).
Revenue in the second quarter of 2026 was USD 265.8 million, up 10.3% year on year (organic growth 9.3%), and operating income was USD 18.1 million. Revenue from robotics and automation products was USD 88.37 million, up from USD 77.84 million in the same quarter a year earlier.
As of December 31, 2025 it had about 3,000 employees worldwide: 36% in the US, 55% in Europe and 9% in Asia. Of these, about 600 are engineering staff (annual report).

Decisions within a year

Acquisition of Riverpoint Medical: agreed on June 8, 2026 and completed on July 23. The terms are USD 1.2 billion paid up front plus a USD 250 million milestone in the first quarter of 2027. Riverpoint, a maker of consumables for minimally invasive surgery, joins the medical segment.

People they will look for

Robotics and automation application engineer — with revenue from end-of-arm and motion components rising, someone is needed to work with equipment customers from the design stage.
Sales and key account manager for Asian customers — with only 9% of staff in Asia, on-site support carries a lot of weight in a region with many robot and semiconductor equipment customers.
Integration (PMI) and operations manager — a large medical acquisition and a reshaping of manufacturing locations are under way at the same time.

For hiring managers

Robot component and motion control engineers are sought by both Korean robot companies and the Korean subsidiaries of global automation component companies. It is important to secure people who can engage before a customer's equipment design is fixed.

For job seekers

Experience supplying end-of-arm tooling and precision motion and sensor components to equipment makers and working with them on design is what this company values most right now.

An analysis written from public sources. Sources: Novanta 2025 annual report, Form 10-K (2026-02-23; revenue, operating income, employees), Novanta Q2 2026 results announcement (2026-08-05; quarterly revenue, operating income), Novanta Form 10-Q (2026-08-05; robotics and automation revenue, private placement, restructuring, completion of the Riverpoint acquisition), Novanta announcement of the Riverpoint Medical acquisition (2026-06-09; deal terms), Yahoo Finance 2026-02-24 (summary of Q4 2025 results, record revenue).