Novanta (formerly known as GSI Group) is a company that supplies technology solutions for industrial and healthcare OEMs. It operates in three segments: Precision Medicine and Manufacturing, Medical Solutions, and Robotics and Automation. The Precision Medicine and Manufacturing segment designs, manufactures, and markets photonics-based solutions, including laser scanning, laser beam delivery, CO2 laser, solid-state laser, ultrafast laser, and optical light engine products. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, pumps, and related disposables, visualization solutions, wireless, optical data collection, machine vision technologies, etc. The Robotics and Automation segment offers optical and inductive encoders, precision motors and motion control sub-assemblies, servo drives, air bearings, and air bearing spindles.