ATS Corporation

What ATS Corporation does

ATS Corporation (TSX/NYSE: ATS), founded in 1977 and headquartered in Cambridge, Ontario, is a global automation and technology company that designs, manufactures, integrates, and services custom production-line automation systems for manufacturers in five key end markets: life sciences, food & beverage, transportation, energy, and consumer products. The company employs approximately 7,500 people across North America, Europe, Southeast Asia, and Oceania, and serves blue-chip enterprise customers including Bayer, Roche, GSK, and ESTEVE, as well as semiconductor and electric-vehicle manufacturers. Core capabilities span design optimization, equipment fabrication, installation, retrofits, spare parts, proprietary Seller Software, customer-specific Application Software, predictive maintenance, and remote monitoring, with the connected-asset value chain positioned as the unifying technology platform.

Underlying technology includes high-throughput ultra-low volume liquid handling (via the BioDot acquisition), advanced pyrolysis and microwave-based carbon black recycling (via the Gilead Dynamics CBX partnership), reliability engineering and predictive maintenance (via Triad Unlimited), and Industry 4.0 systems integration (via ZI-ARGUS and others). ATS sells primarily through a direct enterprise field sales motion on a custom project-quoted basis, with multi-year contract cadences and bundled aftermarket service revenue. Fiscal 2026 revenue was $2,972.9 million (approximately C$3.0B adjusted) with a 15.7% five-year CAGR and life sciences as the largest segment. Growth has been augmented by sustained bolt-on M&A, including SP Industries (US$445M, 2021), Avidity Science ($195M, 2023), Heidolph (2024), and BioDot (2026), funded in part by a May 2023 US IPO that raised US$282.9 million.

Name

ATS Corporation

Legal name

ATS Automation Tooling Systems Inc.

Website

https://atsautomation.com

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ATS Corporation is a global custom automation and systems integration provider serving life sciences, food & beverage, transportation, energy, and consumer products manufacturers. It designs, builds, installs, and services automated production systems worldwide, with life sciences as its largest segment and a multi-decade track record.

Ownership category

akta.pro rank

Headquarters

HQ city

Cambridge

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Automation Solutions and Systems: Custom automation systems and solutions revenue generated from the design, manufacture, and delivery of automated production systems for life sciences, food & beverage, transportation, energy, and consumer product markets. Revenue streams include project-based system deliveries, after-sales services, and reliability engineering. The company reported C$3.0B in adjusted revenues with a 15.7% five-year compound annual growth rate, with life sciences as its largest segment.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ATS Corporation designs, manufactures, and integrates end-to-end custom automation solutions and systems for global manufacturers in life sciences, food & beverage, transportation, energy, and consumer product markets. The offering spans design, build, installation, after-sale service, retrofits, spare parts, predictive maintenance, and proprietary software, delivered to enterprise customers through direct field sales and supported by acquired technology platforms including BioDot and Triad Unlimited.

Product overview

ATS Corporation is a global automation and technology company offering end-to-end custom automation solutions across five key markets: life sciences, food & beverage, transportation, consumer products, and energy. The company operates as a platform of automation capabilities including custom equipment manufacturing, systems integration, retrofits, spare parts, and proprietary software. The product portfolio encompasses Seller Software (proprietary automation software), Application Software (customer-specific solutions), and spans acquired technologies including BioDot liquid handling systems for life sciences and the CBX technology for tire recycling. Services include consulting, installation, maintenance, equipment relocation, and remote monitoring/support. The company serves customers globally across North America, Europe, Southeast Asia, and Oceania.

Differentiator

Problem solved

Functional benefit

Products and services

• Automation Solutions End-to-end custom automation solutions and services provided to manufacturing companies across life sciences, food & beverage, transportation, energy, and consumer products markets.
• Systems Integration Professional services including consulting, systems integration, product installation, equipment relocation, and on-site or remote support or monitoring services for automated manufacturing systems.
• Custom Automation Equipment Manufacturing Custom-manufactured automation equipment and machinery designed and built to customer specifications for automated manufacturing and production processes.
• BioDot Liquid Handling Systems Automated, high-throughput, ultra-low volume liquid handling systems serving biotechnology, diagnostic, life science, and medical device markets globally.
• Carbon Black Extractor (CBX) Platform Technology developed by Gilead Dynamics for converting end-of-life tire shreds into recycled carbon black, oil, and syngas using advanced pyrolysis and microwave technology, with ATS providing design optimization, fabrication, delivery, and full life-cycle service.
• Heidolph Laboratory and Industrial Equipment Laboratory and industrial equipment from the Heidolph brand serving life sciences and laboratory markets globally.

Quantifiable outcome

• C$3.0B adjusted revenue with 15.7% five-year CAGR
• +3 more outcomes

Named customers5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Gilead DynamicscoreStrategic or Co-development Partner · 30 April 2026Gilead Dynamics, a cleantech startup based in Mount Gilead, Ohio, entered into a manufacturing and enablement agreement with ATS Industrial Automation of Ontario to commercialize its Carbon Black Extractor (CBX) technology. ATS provides end-to-end support including design optimization, fabrication, delivery, and full life-cycle service as the CBX transitions to a commercial prototype. The CBX platform uses advanced pyrolysis and microwave technology to convert end-of-life tire shreds into recycled carbon black, oil, and syngas targeting up to 93 percent carbon black purity.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Rockwell Automation: Global pure-play industrial automation and information company serving life sciences, food & beverage, and discrete manufacturers with control systems, software, and integrated solutions—directly comparable to ATS's automation solutions and systems integration offering.
• GEA Group: Engineering company focused on food, beverage, and pharma processing machinery with automation, separators, and after-sales service—closely comparable to ATS's food & beverage and life sciences automation verticals.
• Krones AG: German manufacturer of packaging and processing machinery for the food & beverage industry with systems integration and after-sales service—directly comparable to ATS's food & beverage automation solutions.

Broad incumbents

• ABB Ltd: Multinational offering robotics, automation, and electrical equipment across process and discrete industries including life sciences and food & beverage; overlaps with ATS's custom automation systems and systems integration but at significantly greater scale and breadth.
• Emerson Electric: Diversified industrial conglomerate with automation solutions serving life sciences, food & beverage, and energy—comparable end markets and a similar mix of project-based systems with software/service attach.
• Schneider Electric: Provides industrial automation, process control, and software for life sciences, F&B, and discrete manufacturers—comparable end-markets and similar systems integration motion to ATS.
• Siemens Digital Industries: Division of Siemens AG providing factory automation, motion control, and digitalization software for discrete and process manufacturers; comparable to ATS in serving life sciences and F&B with integrated automation platforms.
• Honeywell International: Operates process automation and sensing businesses serving life sciences, energy, and advanced manufacturing—overlaps with ATS's process automation and predictive maintenance offerings through acquired capabilities.

Regional players

• Yaskawa Electric: Japanese motion control, drives, and robotics company serving factory automation globally—comparable in factory automation technology stack and OEM-style integration work, though primarily Asia-based.

Emerging players

• KUKA AG: Robotics and automation systems integrator with strong automotive and EV manufacturing presence—comparable to ATS's transportation and EV automation work, particularly relevant given ATS's transportation restructuring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/atsautomation
• YouTubeyoutube.com/@atscorporation
• Facebookfacebook.com/atsfactoryautomation
• LinkedInlinkedin.com/company/atsautomation

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ATS Corporation