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North Vancouver-based Full-stack Robotics Company Novarc Technologies named to The Advanced Manufacturing 50
Tuesday, August 2, 2022Company Profile | Follow Company
North Vancouver, BC, August 2, 2022--(T-Net)--North Vancouver's Novarc Technologies, a full-stack robotics company specializing in the design and commercialization of cobots and AI systems for robotic welding applications, has been named to The Advanced Manufacturing 50.
The Advanced Manufacturing 50 is CB Insights' annual list of the 50 most promising private advanced manufacturing companies in the world. This year's inaugural winners cover everything from factory analytics & artificial intelligence (AI) to industrial internet of things (IIoT) cybersecurity.
Their research team picked these 50 private market vendors from a pool of over 6K companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants.
A full list of the CB Insights' Advanced Manufacturing 50 is shown in the graphic below (and more details can be found via the above link). Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive.
About Novarc Technologies Inc:
Novarc Technologies is a Vancouver-based full-stack robotics company specializing in the design and commercialization of cobots and AI systems for robotic welding applications. Novarc's Spool Welding Robot (SWR) is the world's first of its kind in pipe welding applications.
As a proven pioneer in the field, Novarc has dedicated a team of engineers and scientists to solve challenging welding automation problems that improve customers' bottom line. Visit novarctech.com.
About The Advanced Manufacturing 50
The Advanced Manufacturing 50 is CB Insights' annual list of the 50 most promising private advanced manufacturing companies in the world. This year's inaugural winners cover everything from factory analytics & artificial intelligence (AI) to industrial internet of things (IIoT) cybersecurity. More details here.
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