Nova

Company Overview

Snapshot

Founded in May 1993, Nova operates with over 1,600 employees and has raised a total of $925 million across four funding rounds. The company went public on NASDAQ in April 2000 and on TASE in June 2002. In February 2025, Nova completed the acquisition of Sentronics Metrology GmbH, expanding its market presence and technological capabilities.

Business overview

Nova develops advanced dimensional and materials metrology solutions for process control in semiconductor manufacturing. The company provides critical insights for the production of semiconductor devices by industrializing X-ray and optical technologies for inline process control. Its comprehensive metrology approach integrates high-precision hardware with software modeling, leveraging machine learning and big data to offer integrated and stand-alone configurations. Nova's portfolio helps semiconductor manufacturers enhance fabrication processes, increase yields, and accelerate time to market, serving the Industrial Technologies sector, particularly in Microelectronics & Photonics Solutions and Material Innovations & Applications.

Strategic signal

In October 2025, Nova's ELIPSON® materials metrology solution was selected as a 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 technology in critical semiconductor manufacturing applications, indicating its pivotal role in enabling next-generation chip production and reinforcing its competitive position in the industry.

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.

What strategic acquisition did Nova complete in February 2025?

In February 2025, Nova completed the acquisition of Sentronics Metrology GmbH, expanding its portfolio of metrology solutions.

What was a key product adoption for Nova in October 2025?

In October 2025, Nova's ELIPSON® materials metrology solution was selected as a Tool of Record by a leading global foundry for advanced Gate-All-Around (GAA) processes.

When did Nova go public on NASDAQ?

Nova went public on NASDAQ in April 2000.

What was Nova's Q2 2024 financial performance highlight?

Nova Ltd. reported record revenue and strategic growth initiatives during its Q2 2024 earnings call in October 2024.