Hexagon AB is a global industrial technology company with a significant presence in the space industry, focusing on measurement and positioning systems. They provide geospatial tools, software, and services for various applications, including aerospace, defense, and infrastructure planning. Hexagon's technologies have supported space exploration since NASA's early moon landings, and they continue to drive innovation with solutions for manufacturing, autonomous mobility, and digital transformation. Key products include sensors, software, and platforms for geospatial data analysis, with major customers including government organizations and private companies in the aerospace sector.
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Hexagon’s Geospatial division launched M.App Enterprise 2021 as a significant update to its platform for creating geospatial and location intelligence applications.
Hexagon’s Geospatial chief technology officer Georg Hammerer positions M.App Enterprise 2021 as helping organizations achieve smart monitoring of cities, infrastructure, and services by incorporating location intelligence into enterprise systems and workflows.
M.App Enterprise 2021 adds complete integration with Hexagon’s LuciadRIA to provide LuciadRIA’s 3D features in the platform.
Hexagon AB launched a new business venture called R-evolution focused on addressing complex environmental challenges.
R-evolution will use returns generated from Hexagon's equity investments to fund further carbon reduction projects.
Erik Josefsson has been appointed as R-evolution's CEO to lead efforts in using Hexagon's technology to support sustainability while providing shareholder returns.
Hexagon set a target to complete sustainability supplier audits across 100% of its direct suppliers in risk areas by 2023.
Hexagon’s operating earnings (EBIT1) increased by 4% to 287.2 MEUR in 2020 from 277.0 MEUR.
Hexagon set a target to achieve carbon neutrality in its scope 1 and 2 emissions by 2030.
Hexagon’s operating net sales for the period 1 January–31 December 2020 decreased by 1% to 1,044.1 MEUR from 1,058.9 MEUR.
Hexagon’s operating cash flow increased to 353.4 MEUR in 2020 from 221.1 MEUR.
Hexagon’s net sales including the reduction of acquired deferred revenue for 2020 amounted to 1,038.0 MEUR (1,058.9 MEUR).
Hexagon set a target to achieve carbon neutrality across its entire value chain in scope 1, 2, and 3 emissions by 2050.
Using fixed exchange rates and a comparable group structure, Hexagon’s net sales increased by 1% on an organic growth basis for 2020.
Hexagon plans to implement initiatives to build and nurture an inclusive culture to attract and retain diverse talent.
Hexagon Geosystems will combine Senceive’s wireless technology and range of sensors with Leica Total Stations, GNSS, Digital Levels, GeoMos Software, and IDS Radar to offer monitoring solutions.
OxBlue will integrate with Hexagon's 3D surveillance technology, BLK247, and their construction software solution, HxGN SMART Build.
OxBlue will operate as part of Hexagon’s Geosystems division.
Hexagon AB has acquired OxBlue, a leader in construction visualization technology.
SCDOT uses commercial software and custom solutions designed by Hexagon to manage over 79,0 m of highways and roads across South Carolina.