Discussing the move, a spokesperson for Hexagon said: “Combining Septentrio's pioneering GNSS platform with [our] 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 size, weight and power characteristics. [It] 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.”
Interim president and CEO of Hexagon AB, Norbert Hanke, said: "The combination of Hexagon and Septentrio will transform the positioning industry across existing and new markets. [It will set] new standards for the accuracy, resilience and scalability of positioning technologies, necessary to support and accelerate the journey towards full autonomy.”
Septentrio is headquartered in Leuven, Belgium, and employs around 150 people. Going forward, it will be located within Hexagon’s Autonomous Solutions division, with completion of the transaction expected to be finalised in the first half of this year.
