NOVT

Novanta Inc

A maker of precision lasers, photonics, and motion systems that other companies build into medical devices and factory equipment. Its brands include Cambridge Technology, known for laser beam steering, and Synrad, which makes CO2 lasers. Founded in 1968 as General Scanning, it merged with Lumonics and later became GSI Group before renaming itself Novanta in 2016. Fun fact: though "novanta" is the Italian word for ninety, the company says the name actually stands for "the innovation advantage," not the number.