Novarc Technologies Inc. receives more than $2M for welding robot development
by CM Staff
Novarc's solution automates the manufacturing process of welding - allowing welders of all skill levels to work collaboratively with the robot.
Innovative North Vancouver company receives more than $2 million to market welding robots internationally (CNW Group/Pacific Economic Development Canada)
NORTH VANCOUVER — Novarc Technologies Inc. is developing an automation solution to try and help solve the global manufacturing bottleneck. Novarc’s Spool Welding Robot (SWR) is trying to give traditional industries a route to automation.
Jonathan Wilkinson, Minister of Natural Resources and Member of Parliament for North Vancouver, on behalf of Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced $2,065,000 in funding to this innovative company.
Novarc Technologies is a North Vancouver-based full-stack robotics company specializing in the design and commercialization of robots and AI systems for robotic welding applications.
Welding is needed to build key infrastructure, in a variety of industrial settings, such as hospitals, wastewater treatment plants, and shipyards. As such, the need for prefabrication has grown up to 20 per cent for pipe welding. Novarc’s solution automates the manufacturing process of welding – allowing welders of all skill levels to work collaboratively with the robot – increasing safety and productivity up to five times in carbon steel pipe welding and up to 12 times on stainless steel pipes.
This funding, which is being provided through PacifiCan’s Business Scale-up and Productivity program, will help Novarc continue to grow. The company has already installed spool welding robot units in North America, Australia, the United Kingdom, Ireland, Germany, Saudi Arabia, and China and has plans for further expansion.
“The world can benefit from the innovative solutions and ingenuity happening right here in British Columbia. Today’s investment will help Novarc Technologies Inc. find new global markets for its spool welding robots and demonstrates PacifiCan’s ongoing commitment to helping B.C. businesses find success at home and abroad,” said Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan).
