Nova

Optical Metrology for Semiconductor Manufacturing

Industrial Technologies
Public on NASDAQ on Apr 2000
Public on TASE on Jun 2002
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Company Overview

Snapshot

Founded in May 1993, Nova operates with over 1,000 employees. The company has raised $925 million 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 for process control in semiconductor manufacturing. The company utilizes X-ray and optical technologies to provide inline process control, enabling precise measurement of dimensions and material properties throughout the fabrication lifecycle. Nova's holistic metrology approach integrates high-precision hardware with software modeling, including machine learning and big data analytics, to offer comprehensive solutions for semiconductor manufacturers. This allows customers to gain deeper insights, increase yields, and accelerate time to market in the semiconductor industry.

Strategic signal

In October 2025, Nova's ELIPSON® materials metrology solution was selected as Tool of Record by a leading global foundry for GAA processes. This adoption signifies strong market validation for Nova's advanced technology in critical semiconductor manufacturing applications, indicating its continued strategic importance in enabling next-generation chip production.

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Company Intelligence Q&A

What was a significant financial event for Nova 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 acquisition did Nova complete in February 2025?
In February 2025, Nova completed the acquisition of Sentronics Metrology GmbH, enhancing its metrology solutions for semiconductor manufacturing.
What was a key product adoption for Nova in October 2025?
In October 2025, Nova's ELIPSON® materials metrology solution was selected as Tool of Record by a leading global foundry for Gate-All-Around (GAA) processes.
When did Nova go public on NASDAQ?
Nova completed its Initial Public Offering on NASDAQ in April 2000.
What was a notable operational expansion for Nova in September 2020?
In September 2020, Nova announced plans to expand its production capacity with a new state-of-the-art clean room.
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