Novanta (NOVT): Motion Parts Inside Robots, Layer 3 | Oct 27, 2026
Novanta (NASDAQ: NOVT) makes precision motors, drives, encoders and force-torque sensors, the "muscles and nerves" of robots, which puts it in Layer 3 of the robotics stack: actuation and precision motion. In this deep dive, Elena and Theo explain what Novanta actually sells and how much of the company is robotics today: its Robotics and Automation line was $88.4 million of $265.8 million in Q2 2026 revenue, about a third. The bull case: 10% revenue growth, raised 2026 guidance, a growing AI-and-semiconductor slice, and early servo-drive orders for humanoid training facilities. The bear case…
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