Hexagon to acquire global navigation satellite system provider Septentrio
Published by Will Owen,
Editor
Global Mining Review,
Hexagon has announced an agreement to acquire Septentrio NV, a leading 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. It will ensure greater accessibility to high-accuracy and high-performance positioning technology with low size, weight, and power (SWaP) characteristics. Adoption of autonomous systems in existing markets will also be accelerated, and the needs of emerging high growth segments like robotics, UAVs, autonomy, and other mission-critical applications will be addressed.
Septentrio has built its reputation on innovation and customer focus and will, reported within Hexagon’s Autonomous Solutions division, 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.
Norbert Hanke, interim President and CEO, Hexagon AB, comments:
“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.”
Completion of the transaction is subject to regulatory approvals and other customary conditions and is expected to be finalised in 1H25.
Read the article online at: https://www.globalminingreview.com/mining/08012025/hexagon-to-acquire-global-navigation-satellite-system-provider-septentrio/
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