Nova

Company Overview

Snapshot

Founded in May 1993, Nova is a public company with over 1,600 employees. The company has raised $925M across four funding rounds. In February 2025, Nova completed the acquisition of Sentronics Metrology GmbH, expanding its metrology solutions portfolio.

Business overview

Nova Measuring Instruments develops advanced dimensional and materials metrology solutions specifically for process control in semiconductor manufacturing. The company industrializes X-ray and optical technologies to provide inline process control, enabling precise measurement of both dimensions and material properties throughout the semiconductor fabrication lifecycle. Nova's holistic metrology approach integrates high-precision hardware with software modeling, leveraging machine learning and big data in both integrated and stand-alone configurations. This allows semiconductor manufacturers to gain deeper insights, increase yields, and accelerate time to market, serving industries that rely on microelectronics and photonics solutions.

Strategic signal

In October 2025, Nova's ELIPSON® materials metrology solution was selected as the Tool of Record by a leading global foundry for advanced Gate-All-Around (GAA) processes. This adoption signals strong market validation for Nova's innovative metrology capabilities in critical semiconductor manufacturing steps, indicating its pivotal role in enabling next-generation chip production and reinforcing its competitive position in the industrial technologies sector.

Company Intelligence Q&A

What was a significant recent corporate development for Nova?

In February 2025, Nova completed the acquisition of Sentronics Metrology GmbH, enhancing its offerings in dimensional and materials metrology for semiconductor manufacturing.

What was the outcome of Nova's convertible senior notes offering in September 2025?

In September 2025, Nova closed an upsized $750 million convertible senior notes offering with a capped call, as reported by Goodwin.

What strategic product adoption did Nova announce in October 2025?

In October 2025, Nova announced that its ELIPSON® materials metrology solution was selected as the Tool of Record by a leading global foundry for Gate-All-Around (GAA) processes, indicating significant industry adoption.

What was Nova's financial performance highlight in Q2 2024?

Nova Ltd. (NVMI) reported record revenue and strategic growth initiatives during its Q2 2024 earnings call, as highlighted in October 2024.

What was a key acquisition for Nova in January 2022?

In January 2022, Nova acquired ancosys, a company specializing in solutions that complement Nova's metrology portfolio.