Hexagon, a worldwide chief in precision applied sciences, has agreed to accumulate Septentrio NV, a developer of world navigation satellite tv for pc system (GNSS) applied sciences. Monetary phrases of the deal weren’t disclosed. The deal is anticipated to shut within the first half of 2025.
Sweden-based Hexagon stated the acquisition will guarantee better accessibility to high-accuracy and high-performance positioning expertise with low SWaP (Measurement, Weight and Energy) traits. It added that the deal will speed up the adoption of autonomous techniques in current markets and deal with the wants of robotics, drones, autonomy and different mission-critical applied sciences.
The collaboration will merge Septentrio’s GNSS platform with Hexagon’s positioning expertise portfolio, which incorporates sensor fusion, anti-jamming techniques, correction companies, and notion applied sciences.
GNSS gives geolocation and time data to GNSS-enabled gadgets anyplace on Earth, so long as they’ve an unobstructed line of sight to the satellites. Robots, particularly these working open air, use GNSS to find out their exact location to navigate from level A to level B. GNSS additionally allows robots to plan and observe pre-defined paths, making it important for functions like precision farming, supply robots, and surveying.
Each firms already work extensively with robotics firms in quite a lot of industries, together with agriculture, automotive, maritime, mining, and extra
“The mixture of Hexagon and Septentrio will remodel the positioning trade throughout current and new markets, setting new requirements for the accuracy, resilience and scalability of positioning applied sciences, essential to help and speed up the journey in direction of full autonomy,” stated Norbert Hanke, interim president and CEO, Hexagon AB.
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Septentrio, headquartered in Leuven, Belgium, has round 150 workers, and is anticipated to generate revenues of over 50 million EUR in 2024, with sturdy progress charges and margins according to the Hexagon Group. Septentrio might be reported inside Hexagon’s Autonomous Options division. Following the acquisition, Septentrio will proceed its present enterprise mannequin, supplying GNSS expertise to its current OEM customers.
Hexagon has roughly 24,500 workers in 50 nations and web gross sales of roughly 5.4 billion EUR. In December 2024, Hexagon introduced the acquisition of 3D Methods’ Geomagic suite of interoperable software program packages for $123 million. The software program can be utilized to create high-quality 3D fashions from a number of sources, together with laser scanning.
“The mixture of Geomagic and our current options will additional strengthen our market management in 3D metrology and reengineering, demonstrating our dedication to ship more and more consumer pleasant instruments able to executing advanced duties, so our prospects can carry revolutionary, prime quality merchandise to the market at pace and with confidence. We stay up for welcoming the Geomagic crew to Hexagon.” stated Hanke.
