Hexagon to acquire Inertial Sense, strengthening its positioning portfolio
This acquisition marks a significant step in Hexagon's commitment to innovation and scalable growth in the rapidly evolving autonomous and positioning technology space. Inertial Sense's capabilities will complement Hexagon's assured positioning, navigation, and timing (PNT) portfolio, which provides an affordable, high-performance navigation solution to customers across aerospace & defence, robotics, and unmanned aerial vehicle (UAV) industries.
Inertial Sense has established itself as a trusted provider of high-performance navigation solutions across a wide range of defence and commercial applications, with over 30,000 inertial systems deployed worldwide. Their patented designs and proprietary technology enable tactical-grade GNSS+INS solutions for space-constrained applications, delivering centimetre-level accuracy with a competitive price point.
"Assured PNT is critical to success of our customers," said Anders Svensson, President and CEO, Hexagon. "The team at Inertial Sense has developed an impressive array of GNSS+INS solutions which address the assured PNT requirements of our customers and fit seamlessly into our aerospace and defence product portfolio, while also providing opportunities for expansion into robotics and UAV applications."
Inertial Sense, headquartered in
FOR MORE INFORMATION, CONTACT:
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, [email protected]
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SOURCE Hexagon
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