Novarc Technologies

Novarc Technologies

Builds advanced custom robots for niche applications.

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$50.0m

Series B
Total Funding000k
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Novarc Technologies specializes in developing advanced robotic welding solutions, particularly for the pipe fabrication industry. The company's flagship product, the Pipe Spool Welding Robot (SWR), is designed to significantly boost productivity, enhance weld quality, and improve ergonomics for welders. Novarc's technology combines automated pipe welding with human welding talent, allowing fabricators to modernize their operations, increase capacity, and address high-skill labor shortages. The SWR system offers a rapid return on investment, often achieving payback in less than one year. Novarc operates in a global market, exporting to 38 countries across Europe, Africa, America, Asia, and Australia, in partnership with ABICOR BINZEL. The company's business model focuses on selling its robotic welding systems to fabrication shops and welders, generating revenue through direct sales and long-term service agreements. By leveraging human skill with cutting-edge technology, Novarc aims to redefine the collaborative welding workplace and drive profitability for its clients.

Keywords: robotic welding, pipe fabrication, productivity, weld quality, ergonomics, automation, global market, rapid ROI, collaborative technology, fabrication shops.

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