Innovative North Vancouver company receives more than $2 million to market welding robots internationally
The Government of Canada is making investments in British Columbia to fuel economic growth and support high-tech manufacturers to increase their global sales
June 16, 2023 – North Vancouver, British Columbia – PacifiCan
Across B.C., innovative companies are creating technologies to solve the challenges facing manufacturers across the globe. In North Vancouver, Novarc Technologies Inc. is developing a unique automation solution to help solve the global manufacturing bottleneck. Novarc’s Spool Welding Robot (SWR) is the world’s first of its kind in pipe welding machines and applications giving traditional industries a route to automation.
Today, the Honourable Jonathan Wilkinson, Minister of Natural Resources and Member of Parliament for North Vancouver, on behalf of the Honourable 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.
Today’s investment is expected to support over 50 new jobs at Novarc Technologies Inc. and generate increased revenues.