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Newtec Competitors and Similar CompaniesClear all

Newtec's competitors and similar companies include Viasat, Okamoto Machine Tool Works and Mycronic.

	Newtec Newtec is a manufacturer of industrial machinery.	Viasat Viasat is a technology company that provides satellite internet and connectivity solutions.	Okamoto Machine Tool Works Okamoto Machine Tool Works (岡本工作機械製作所) is a company that manufactures grinding machines and semiconductor-related equipment.	Mycronic Mycronic is a company that develops, manufactures, and markets high-precision production equipment for the electronics industry.
Founding Date	Founding Date 1976	Founding Date 1986	Founding Date 1926	Founding Date 1989
Type	Type Private	Type Public	Type Public	Type Public
Tags	Tags Manufacturing & Industrial machinery manufacturing equipment	Tags Mobile & Telecommunications broadband connectivity internet provider satellite	Tags Manufacturing & Industrial machinery manufacturing equipment	Tags Manufacturing & Industrial machinery manufacturing equipment
Locations	Locations Odense, DK HQ	Locations Carlsbad, US HQ Luanda, AO Auburn, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU see more	Locations Annaka, JP HQ Changzhou, CN Dalian, CN Shanghai, CN Shenzhen, CN Frankfurt, DE Herford, DE see more	Locations Täby, SE HQ Shen Zhen Shi, CN Lyon, FR Rungis, FR Magdala, DE Unterhaching, DE see more
Employees	Employees 821% increase	Employees 7,000	Employees 2,283	Employees 2,4275% increase
Valuation ($)	Valuation ($) N/A	Valuation ($) 1.3 b	Valuation ($) 172.4 m	Valuation ($) 4 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) $4.6b (FY, 2026)	Revenue (est.) ¥42.5b (FY, 2026)	Revenue (est.) kr7.9b (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods $3.1b (FY, 2026)	Cost of goods ¥29.3b (FY, 2026)	Cost of goods kr3.6b (FY, 2025)
Gross profit	Gross profit N/A	Gross profit $1.5b (FY, 2026)	Gross profit ¥13.3b (FY, 2026)	Gross profit kr4.4b (FY, 2025)
Net income	Net income N/A	Net income $3.9m (FY, 2026)	Net income ¥1.2b (FY, 2026)	Net income kr1.6b (FY, 2025)
Operating ⚠
Order Backlog	Order Backlog N/A	Order Backlog N/A	Order Backlog ¥39.1b (FY, 2024)	Order Backlog kr4.1b (Q1, 2024)