Hexagon announced the closing of the acquisition of Septentrio NV, a manufacturer of GPS/GNSS positioning technology for autonomy and mission-critical applications.
The acquisition of Septentrio will strengthen Hexagon’s position as the leader in the resilient, assured positioning solutions market and provide customers greater accessibility to high-accuracy and high-performance positioning technology with the SWaP (Size, Weight and Power) optimised platform.
“Combining Hexagon’s extensive positioning portfolio with Septentrio’s innovative GNSS platforms will provide our customers with cutting-edge solutions, enabling autonomy and mission-critical applications for diverse markets,” stated Gordon Dale, President of Hexagon’s Autonomous Solutions division. “This strategic step allows us to push boundaries to deliver technology and products with the lowest SWaP, putting Hexagon at the forefront of the industry.”
The combined portfolios will accelerate the adoption of autonomous systems in existing markets and address the needs of emerging high-growth segments like robotics, UAVs, autonomy and other mission-critical applications.
“We are excited to join Hexagon to leverage our combined strengths and deliver greater value to our customers, employees and stakeholders,” stated Antoon De Proft, CEO of Septentrio. “This will accelerate innovation, and we look forward to the many opportunities ahead.”
Septentrio, headquartered in Leuven, Belgium will continue its business model of supplying state-of-the-art GNSS technology to its large base of OEM (original equipment manufacturer) customers.
To view the original press release, please click here.
