Hexagon announced an agreement to acquire Septentrio NV, a market leader and OEM provider of Global Navigation Satellite System (GNSS) technologies, to drive innovation and expand the market reach of Resilient Assured Positioning solutions.

Combining Septentrio’s pioneering GNSS platform with Hexagon’s extensive positioning portfolio, including sensor fusion, anti-jamming, correction services and perception technologies, will enable cutting-edge solutions for diverse markets and applications. This will ensure greater accessibility to high-accuracy and high-performance positioning technology with low SWaP (Size, Weight and Power) characteristics. This 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.

Septentrio has built its reputation on innovation and customer focus and will together with Hexagon continue to operate its business model of supplying state of the art GNSS technology and products to its large base of industry leading OEM customers.

“The combination of Hexagon and Septentrio will transform the positioning industry across existing and new markets, setting new standards for the accuracy, resilience and scalability of positioning technologies, necessary to support and accelerate the journey towards full autonomy,” said Norbert Hanke, interim President and CEO, Hexagon AB.

“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.

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Source:

Hexagon

Septentrio