Novus Robotics Inc. Stock Analysis NRBT

Novus Robotics, Inc. engages in the engineering, design, and manufacture of automated tube processing solutions for the automotive industry. The firm is involved in the area of engineering, designing and manufacturing of robotics and automation technology solutions for tube bending machines through its wholly owned subsidiary, D&R Technology, Inc. The company operates in the segment of engineering, designing and manufacturing of automated tube processing solutions for the automotive industry. The company also includes designing and installation of retrofits to automated systems, automated spare parts for its tube bending machines, automated maintenance and repairs. The firm offers products, such as Seat Frame Systems, instrument panel (IP) Tube systems and Integrated Bend-Weld Systems for the automotive industry. The company provides its service solutions to other markets, such as the medical robotics, personal robotic devices and water treatment industry, food handling and processing, clean technology and energy or pharmaceutical, and general consumer goods production.