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 mentioned the acquisition will guarantee larger accessibility to high-accuracy and high-performance positioning expertise with low SWaP (Dimension, Weight and Energy) traits. It added that the deal will speed up the adoption of autonomous programs in present 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 programs, correction providers, and notion applied sciences.
GNSS offers geolocation and time info to GNSS-enabled units wherever on Earth, so long as they’ve an unobstructed line of sight to the satellites. Robots, particularly these working outside, use GNSS to find out their exact location to navigate from level A to level B. GNSS additionally permits robots to plan and observe pre-defined paths, making it important for purposes like precision farming, supply robots, and surveying.
Each corporations already work extensively with robotics corporations in quite a lot of industries, together with agriculture, automotive, maritime, mining, and extra
“The mix of Hexagon and Septentrio will remodel the positioning business throughout present and new markets, setting new requirements for the accuracy, resilience and scalability of positioning applied sciences, essential to assist and speed up the journey in direction of full autonomy,” mentioned Norbert Hanke, interim president and CEO, Hexagon AB.
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Septentrio, headquartered in Leuven, Belgium, has round 150 staff, and is anticipated to generate revenues of over 50 million EUR in 2024, with robust development charges and margins consistent with the Hexagon Group. Septentrio will probably be reported inside Hexagon’s Autonomous Options division. Following the acquisition, Septentrio will proceed its present enterprise mannequin, supplying GNSS expertise to its present OEM customers.
Hexagon has roughly 24,500 staff in 50 international locations 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 mix of Geomagic and our present 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 clients can carry revolutionary, top quality merchandise to the market at velocity and with confidence. We stay up for welcoming the Geomagic staff to Hexagon.” mentioned Hanke.
