What Does Norbit Do?

Total employees370
HeadquartersTrondheim
Founded2000

Norbit is a global, knowledge-based technology company that designs, develops, and manufactures high-technology products and solutions. The company operates through three main business segments: Oceans, delivering advanced sonar and subsea technology; Intelligent Traffic Systems (ITS), providing solutions for smart traffic management and C-ITS/V2X applications; and Product Innovation & Realization (PIR), offering R&D services and contract manufacturing for demanding industrial customers. Norbit is committed to innovation, sustainability, and tailoring technology to meet specific customer needs worldwide, with a strong focus on creating value through its diverse and advanced product portfolio.

Where Is Norbit's Headquarters?

HQ Function

Serves as the central hub for Norbit's global operations, strategic decision-making, corporate management, and leads R&D initiatives across its Oceans, ITS, and PIR segments.

Notable Features:

Modern facility situated in a technology-focused area, likely equipped with advanced R&D laboratories, testing capabilities, and collaborative workspaces designed to foster innovation and product development.

Work Culture:

Characterized by a dynamic and innovative environment that emphasizes engineering excellence, cross-functional collaboration, and a solutions-oriented mindset. It reflects Norwegian values of quality, trust, and a relatively flat organizational structure, encouraging employee initiative.

HQ Significance:

Central to Norbit's identity as a global technology provider, anchoring its research and development, strategic planning, and providing access to Trondheim's rich pool of engineering talent and technological infrastructure, particularly beneficial for its maritime and sensor technology development.

Values Reflected in HQ: The headquarters aims to embody Norbit's core values of innovation, precision, customer focus, sustainability, and global ambition through its design, operational efficiency, and collaborative environment.

Location:

Norbit maintains a robust global presence with offices and a network of partners across Europe, the Americas, Asia, and Australia. This international footprint enables Norbit to effectively support its diverse customer base worldwide. Functions supported globally include strategic sales, localized marketing, comprehensive customer support and service, collaborative R&D initiatives, and adaptation of its technology offerings (Oceans, ITS, PIR) to meet specific regional requirements and market demands.

Street Address:

Stiklestadveien 1

City:

Trondheim

State/Province:

Trøndelag

Country:

Norway

Where Else Does Norbit Operate Around the World?

Austin, Texas, USA

Address: Norbit Americas, Inc., 8701 N MoPac Expy Ste 160, Austin, TX 78759, USA

To strengthen Norbit's market presence across the Americas, providing localized engagement, technical support, and tailored solutions to regional customers.

Aberdeen, Scotland, UK

Address: Norbit UK Ltd, Unit 6, Cirrus Building, AB21 0AG, Dyce, Aberdeen, UK

To cater to the specific needs of the North Sea offshore market and the wider European maritime sector, offering specialized expertise and rapid response for subsea solutions.

Singapore

Address: NORBIT Singapore Pte. Ltd., 10 Ubi Crescent #03-23, Ubi Techpark (Lobby B), Singapore 408564

To expand Norbit's footprint in Asia-Pacific, addressing diverse market needs from maritime technology in Southeast Asia to intelligent traffic solutions in developing urban centers.

Buying Intent Signals for Norbit

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Norbit? Meet the Executive Team

As of April 2025, Norbit' leadership includes:

Per Ivar Gjørvad - Group CEO
Stian Lønvik - Group CFO
Peter K. Lolk - Segment Director, Oceans
Stein Otto Eriksen - Segment Director, PIR (Product Innovation & Realization)
Knut Moerkeseth - Segment Director, ITS (Intelligent Traffic Systems)

Who's Investing in Norbit?

Norbit has been backed by several prominent investors over the years, including:

Ferd AS
Storebrand Asset Management AS
Handelsbanken Fonder AB
Verdipapirfondet DNB Norge
State Street Bank and Trust Co

What Leadership Changes Has Norbit Seen Recently?

Hire0
Exits0

The core operational executive team (CEO, CFO, Segment Directors) at Norbit has demonstrated stability over the last 12 months with no major publicly announced hires or departures. In May 2024, Norbit announced the election of a new board member, strengthening its corporate governance.

What Technology (Tech Stack) Is Used byNorbit?

Discover the tools Norbit uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Norbit Email Formats and Examples

Norbit typically uses a standard professional email format for its employees, primarily based on firstname and lastname. While this is the most common structure, variations might exist for specific departments or functional email addresses.

firstname.lastname@norbit.com

Format

per.gjorvad@norbit.com

Example

85%

Success rate

What's the Latest News About Norbit?

Norbit News / Oslo BørsMay 7, 2024

NORBIT ASA: First quarter 2024 results

NORBIT reported all-time high revenues of NOK 451 million in the first quarter of 2024, an increase of 26 per cent from the corresponding period last year. The EBITDA result was NOK 103 million, yielding a margin of 23 per cent. The Oceans segment was the main driver for the growth....more

Norbit News / Oslo BørsApril 23, 2024

NORBIT ASA: Notice of Annual General Meeting 2024

Norbit ASA announced that its Annual General Meeting for 2024 would be held on Tuesday, May 7, 2024, in Trondheim, outlining the agenda including election of board members and approval of the annual accounts....more

Norbit News / Oslo BørsFebruary 13, 2024

NORBIT ASA: Fourth quarter 2023 results

NORBIT reported revenues of NOK 431 million for the fourth quarter of 2023, a 28 per cent increase from the same quarter in 2022. The EBITDA for the quarter was NOK 100 million, representing an EBITDA margin of 23 per cent....more

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