Welcome to our dedicated page for HEXA news (Ticker: HEXA), a resource for investors and traders seeking the latest updates and insights on HEXA stock.
Hexagon (HEXA) drives innovation in precision measurement and digital reality solutions through sensor technologies, autonomous systems, and AI-powered quality management. This news hub provides investors and industry professionals with essential updates on strategic developments shaping industrial automation.
Access authoritative coverage of HEXA's earnings reports, technology launches, and operational milestones. Our curated collection includes press releases on acquisitions like Septentrio's GNSS tech, indurad's radar systems integration, and advancements in predictive quality analytics through ETQ platforms.
Key focus areas include digital twin implementations, autonomous mining solutions, and AI-driven quality control systems. Stay informed about structural developments including the potential ALI division spin-off and its implications for HEXA's core measurement technologies.
Bookmark this page for reliable updates on how HEXA merges physical and digital realities across manufacturing, construction, and public safety sectors. Check regularly for insights into operational efficiency breakthroughs and global industry partnerships.
TrustPoint has secured a $1.2 million SBIR Phase II contract from the US Navy's Naval Air Systems Command (NAVAIR) to deliver and demonstrate first-of-its-kind C-band GNSS receivers. The company will partner with Hexagon | NovAtel and Hexagon US Federal to execute this groundbreaking project.
The collaboration combines TrustPoint's C-band services with NovAtel's GNSS receiver technology to develop resilient Positioning, Navigation, and Timing (PNT) solutions for military applications. The project aims to integrate TrustPoint's C-band GNSS services into advanced anti-jam receivers, offering GPS-independent capabilities for mission continuity in contested environments.
Hexagon AB (HEXA) has announced key leadership changes in its Manufacturing Intelligence division. Andreas Renulf will assume the role of President effective May 1, 2025, reporting to interim President and CEO Norbert Hanke. Renulf, who joined Hexagon in January 2024 as COO and Head of Machine Control for the Geosystems division, brings extensive experience from Trelleborg and ABB.
The current President, Josh Weiss, is departing to join another company and will facilitate the transition through May 2025. During his ten-year tenure at Hexagon, Weiss notably improved profitability and cash conversion in the Manufacturing Intelligence division. Renulf's appointment comes with expectations to drive growth and operational excellence, particularly in robotics and autonomy optimization for customer product lifecycles.
Hexagon has released its Annual Report and Sustainability Report 2024, now available on hexagon.com. The company plans to distribute the reports digitally, though printed copies can be requested via email or phone. The Annual General Meeting is scheduled for May 5, 2025, at 17:00 CET in Stockholm, with attendance notification required by April 28, 2025.
As a global leader in precision technologies, Hexagon (Nasdaq Stockholm: HEXA B) operates in 50 countries with approximately 24,800 employees and generates net sales of about 5.4bn EUR. The company specializes in digital twins, robotics, and AI solutions for industry transformation.
Hexagon AB has appointed Gordon Dale as President of its Autonomous Solutions (AS) division, reporting to interim President and CEO Norbert Hanke. Dale, a 16-year veteran of Hexagon who joined through the NovAtel acquisition, previously served as Chief Synergy Officer where he successfully integrated the Autonomy & Positioning and Mining businesses into the AS division.
Dale brings significant credentials including an MBA and a Bachelor's in Electrical and Computer Engineering. The appointment follows the completion of AS division's integration, aimed at strengthening Hexagon's growth and margin performance. Hexagon, listed on Nasdaq Stockholm as HEXA B, is a global leader in precision technologies with approximately 24,800 employees across 50 countries and net sales of about 5.4bn EUR.
Hexagon AB (HEXA B) has announced plans to separate its Asset Lifecycle Intelligence (ALI) division and related businesses through a Lex Asea distribution to shareholders, with an expected listing on a U.S. national securities exchange in early 2026. The new company ('NewCo') will include the expanded perimeter of Safety, Infrastructure & Geospatial (SIG) division, ETQ business, and Bricsys business.
NewCo will operate as a standalone software and SaaS company, led by Mattias Stenberg. As of December 31, 2024, NewCo had approximately 7,200 employees and revenues of EUR 1,448 million with an adjusted operating margin of 31%. The remaining Hexagon business will retain approximately 17,600 employees with revenues of EUR 3,953 million and an adjusted operating margin of 29%.
The separation process is subject to stakeholder approval, regulatory consents, and other conditions, with completion targeted for first half of 2026. A temporary Swedish Depository Receipt programme will be established via Nasdaq Stockholm to facilitate the transition.
SDI Presence has announced a strategic partnership with Hexagon's Safety, Infrastructure & Geospatial division to enhance the deployment of public safety dispatching and communication solutions. The collaboration formalizes a decades-long relationship between the companies, focusing on implementing Hexagon's computer-aided dispatch (CAD) systems for emergency response agencies across North America.
SDI will provide implementation, technical support, GIS development, and business analysis services for Hexagon's solutions. The partnership aims to improve emergency response times and situational awareness for first responders. SDI's team includes certified experts in Hexagon technologies and PMI-certified professionals, positioning them as an authorized partner in configuring and optimizing Hexagon's solutions.
ETQ, a Hexagon company, marked significant achievements in Q4 2024, strengthening its position in quality management systems (QMS). The company launched its ETQ Reliance Predictive Quality Analytics solution, powered by AI technology from Acerta Analytics, enabling automated early detection and proactive resolution of manufacturing quality issues.
The quarter saw notable customer expansion across various sectors including heavy industry, manufacturing, food & beverage, electronics, life sciences, and aerospace. New clients included Bray International, CoreWeave, and Koch Ag & Energy Solutions, while existing customers like Cosmo Pharmaceuticals and Keurig Dr Pepper expanded their ETQ Reliance implementation.
ETQ hosted its 2024 ETQ Reliance Customer Conference in Dallas, featuring presentations from leading brands like Hitachi Energy and Kimberly-Clark. The company also conducted its Innovation Excellence Awards, with RR Donnelley winning for improving environmental health & safety performance through ETQ Reliance.
Hexagon has announced an agreement to acquire Septentrio NV, a leading OEM provider of Global Navigation Satellite System (GNSS) technologies. The acquisition aims to drive innovation and expand market reach in Resilient Assured Positioning solutions. Septentrio, based in Leuven, Belgium, employs around 150 people and is projected to generate over 50 MEUR in revenue in 2024, with growth rates and margins aligned with Hexagon Group.
The merger will combine Septentrio's GNSS platform with Hexagon's positioning portfolio, including sensor fusion, anti-jamming, correction services, and perception technologies. This integration will enable high-accuracy positioning solutions with low Size, Weight and Power characteristics, targeting markets such as robotics, UAVs, and autonomous systems. The transaction is expected to close in the first half of 2025, subject to regulatory approvals.
Hexagon AB has announced that its nomination committee proposes Björn Rosengren as new Vice Chairman of the Board at the Annual General Meeting on May 5, 2025. This move is part of succession planning as current Chairman Ola Rollén has indicated his intention to step down at the 2026 AGM after 26 years on the board. Rosengren, who previously served as CEO of ABB and Sandvik AB, will be positioned to take over the chairmanship. The announcement also notes that board member Brett Watson will not seek re-election in 2025.
Hexagon is a global leader in precision technologies with approximately 24,500 employees across 50 countries and net sales of about 5.4bn EUR.
SimScale and Hexagon's Manufacturing Intelligence division have announced a strategic partnership to deliver advanced structural analysis capabilities through a cloud-native platform. The collaboration integrates Hexagon's Marc nonlinear finite element solver into SimScale's browser-based platform as a Software-as-a-Service (SaaS) solution. This partnership aims to democratize access to advanced simulation tools, enabling engineering teams of all sizes to perform complex structural analyses without requiring extensive technical expertise or specialized IT infrastructure. The platform features live in-product support and has been ranked first in user satisfaction in the Simulation & CAE Software category by G2.
