Leading Listed Laser Company Novanta Moves Into New Building Of Nearly 70,000 M²

Novanta, a pioneer of advanced lasers and optical subsystems for medical and industrial applications, recently announced that the company will relocate from its official founding address (Emery Court, Stockport, UK) to a state-of-the-art 70,000-square-foot (equal to approximately 6,503 square meters) factory facility at nearby Orion Business Park, and that business capabilities will be quadruple its operational capacity to serve its expanding team and customers.
Originally founded in 2002, Novanta started locally in Emery Court as Laser Quantum (formerly Laser Quantum Ltd) before being acquired by US-based Novanta Corporation in 2017, producing lasers and subsystems for medical and industrial applications.
Commenting on the relocation, Matthijs Glastra, Chief Executive Officer, said, "This transformational move, which marks an important new chapter in our growth journey, symbolizes the unification of our UK team and our commitment to continued growth and innovation within Novanta."
Our investment in this state-of-the-art laser subsystems factory facility reinforces our position as a trusted technology partner to global original equipment manufacturers (OEMs). It also demonstrates our commitment to providing our teams with the best possible working environment for innovation and excellence. We are excited about the opportunities this move presents and look forward to continuing to deliver exceptional value to our customers in our new office building.
Key highlights of the new office facility include:
World-class laser subsystem assembly: two-thirds of the facility is in a clean room environment that sets the benchmark for quality, lean manufacturing, and standardized workflows and procedures to ensure excellence in every aspect of optoelectronic module assembly.
State-of-the-art flexible work environment: Spacious work environment with collaborative spaces to stimulate innovation and creativity. An on-site cafeteria, gym, garden and reflection space create a flexible work environment that meets diverse needs while promoting productivity.
Headquartered in the U.S. and employing more than 2,700 people worldwide, Novanta is an $800 million global supplier of laser photonics, precision motion control and vision technologies, serving the global medical device and advanced industrial technology markets as an original equipment manufacturer. And Novanta Photonics, or Novanta Photonics Division, is focused on serving the advanced manufacturing industry as a premium supplier of core laser components and subsystems.
Novanta combines deep know-how and capabilities in photonics, vision and precision motion with proven ability to solve complex technical challenges, enabling the design of core components and subsystems to achieve extremely high levels of precision and performance to meet customers' demanding applications.Novanta's common stock is listed on the NASDAQ under the symbol NOVT.The Company is incorporated in Canada New Brunswick, Canada, and primarily serves the North American, European and Asia Pacific markets.