FOR IMMEDIATE RELEASE: SEPTEMBER 26, 2025
VANCOUVER, CANADA – Novarc Technologies Inc. (“Novarc”), a pioneering full-stack AI robotics company specializing in automated welding solutions, today proudly announced its inclusion among Canada’s Top Growing Companies on the 2025 Report on Business magazine’s prestigious ranking. Novarc secured its position with an impressive three-year revenue growth of 176%, a testament to the company’s innovation and market impact.
Launched in 2019, Canada’s Top Growing Companies celebrates the remarkable achievements of innovative businesses across the nation. This year, 400 companies earned a coveted spot on the ranking. The comprehensive list of Top Growing Companies will be featured in the October issue of Report on Business magazine.
We are honoured to once again be recognized on the Report on Business Top Growing Companies list,” said Arash Nejad, CRO of Novarc. “We owe this achievement to our team’s dedication as a testament to the trust that the leading manufacturers and mechanical contractors have placed in our solutions. I am very proud of Novarc, which is now a global scale-up focused on outcomes through advanced automation, welding, and AI.”
Novarc delivers cutting-edge welding automation solutions to fabricators serving the oil & gas, energy, shipbuilding, and engineering, procurement, and construction industries. The company’s flagship product, the Spool Welding Robot (SWR™), is globally recognized for its transformative impact on the fabrication industry.
Novarc’s innovative NovAI™ technology, an AI-powered system, integrates vision and real-time adaptation into articulated robotic and mechanized welding. This results in significantly fewer defects and consistently high-quality welds due to real-time AI adjustments. Overwelding is virtually eliminated, and the need for manual setup or pre-scanning of welds is removed, enabling even junior operators to confidently undertake complex welding tasks.
About Novarc Technologies Inc.
As a proven pioneer in the field of welding automation, Novarc Technologies is a full-stack AI robotics company specializing in the design and manufacturing of automated welding solutions for challenging welding applications. Novarc’s Spool Welding Robot (SWR) is recognized by customers globally for its impact in the fabrication industry. For more information, visit novarctech.com
Media Contact:
Debra Hadden; Novarc Technologies Inc.
debra@novarctech.com +1 778 879-6272