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Hexagon to Acquire Septentrio, Revolutionizing Positioning in Mission-Critical Navigation and Autonomy Applications

Hexagon将收购Septentrio,革新关键任务导航和自主应用中的定位技术

关键词:
来源:
Hexagon;Global Ag Tech Initiative;
来源地址:
https://www.globalagtechinitiative.com/in-field-technologies/robotics-automation/hexagon-to-acquire-septentrio-revolutionizing-positioning-in-mission-critical-navigation-and-autonomy-applications/
类型:
前沿资讯
语种:
英语
原文发布日期:
2025-01-07
摘要:
Hexagon recently announced anagreement to acquire Septentrio NV, a market leader and OEM provider of GlobalNavigation Satellite System (GNSS) technologies, to drive innovation and expandthe market reach of Resilient Assured Positioning solutions.Combining Septentrio’spioneering GNSS platform with Hexagon’s extensive positioning portfolio,including sensor fusion, anti-jamming, correction services and perceptiontechnologies, will enable cutting-edge solutions for diverse markets andapplications. This will ensure greater accessibility to high-accuracy andhigh-performance positioning technology with low SWaP (Size, Weight and Power)characteristics. This will accelerate the adoption of autonomous systems inexisting markets and address the needs of emerging high growth segments likerobotics, UAVs, autonomy and other mission-critical applications.Septentrio has built itsreputation on innovation and customer focus and will together with Hexagoncontinue to operate its business model of supplying state of the art GNSStechnology and products to its large base of industry leading OEM customers.“The combination of Hexagon andSeptentrio will transform the positioning industry across existing and newmarkets, setting new standards for the accuracy, resilience and scalability ofpositioning technologies, necessary to support and accelerate the journeytowards full autonomy,” said Norbert Hanke, interim President and CEO, HexagonAB.Septentrio, headquartered inLeuven, Belgium, has around 150 employees, and is expected to generate revenuesof over 50MEUR in 2024, with strong growth rates and margins in line with theHexagon Group. Septentrio will be reported within Hexagon’s AutonomousSolutions division. Completion of the transaction is subject to regulatoryapprovals and customary conditions and is expected to be finalized in the firsthalf of 2025.
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