Hexagon recently announced the acquisition of indurad, a global leader in radar and real-time location systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy.
This strategic move, the financial details of which were not disclosed, is proof of Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology, it said. It also gives it the benefits of enhanced mine safety through indurad’s advanced radar-based collision avoidance systems to mitigate risks in high-stakes mining environments; increased productivity via real-time ore tracking and measurement; and future-ready autonomy using indurad’s mobile machine automation expertise and OEM-agnostic autonomy platform alongside Hexagon’s existing technologies accelerate the shift to fully autonomous mines.
“This acquisition represents another step towards realising our vision of fully connected and integrated mine workflows,” said Norbert Hanke, interim president and CEO, Hexagon. “indurad’s radar technology aligns perfectly with our focus on safety and autonomy, and we are excited to integrate their capabilities into our portfolio to unlock its full potential.”
Based in Germany, indurad specialises in modular radar systems that deliver precise object location tracking, collision avoidance, and machine automation capabilities, which will enhance Hexagon’s integrated life-of-mine portfolio.
The transaction is expected to close in late November. indurad will be fully consolidated into Hexagon’s Autonomous Solutions division.
Source: Hexagon