Novatron and Vektorio Into Strategic Co-operation

30.01.2023

Novatron Oy a technology company specializing in the automation of infrastructure construction, has acquired a minority share in Vektorio Oy.

“We are very excited about the cooperation to be launched with Vektorio. Both parties have a strong level of expertise in our industry and in the technology that promotes the digitalization of infrastructure construction. The cooperation supports our goal of offering the best solutions for smart infrastructure construction.” Teemu Tervahauta, CEO of Novatron.

“In recent years, we have achieved a good market position in Finland with our Vektor.io products, and internationalization has also started strongly. Now is a good time to partner with a strong player in the field to ensure sufficient resources for further development and internationalization of our product. Novatron is an excellent partner for Vektorio as they already have machine control customers in several markets. Novatron also has special expertise in the infrastructure sector from the software side.” Juha Vesanen, CEO of Vektorio.

More about Novatron

Novatron Oy is a Finnish technology company focused on earthmoving automation, offering open solutions for digitalizing earthmoving jobsites and robotizing earthmoving machinery. Novatron develops and manufactures intelligent machine control systems and software that enable efficient, safe, sustainable infrastructure construction.