Hexagon Accelerates Shift to Fully Autonomous Mines with Acquisition of indurad
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Hexagon has acquired indurad, a global leader in radar and real-time location systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology.
“This acquisition represents another step towards realizing our vision of fully connected and integrated mine workflows,” said Norbert Hanke, interim president and CEO of 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,” added Hanke.
Based in Germany, indurad specializes in modular radar systems that deliver precise object location tracking, collision avoidance, and machine automation capabilities. These innovations will enhance Hexagon’s integrated life-of-mine portfolio, further solidifying its leadership in the mining industry.
The transaction is expected to close in late November, at which point indurad will be fully consolidated into Hexagon’s Autonomous Solutions division. indurad has 140 employees globally.
Key Benefits of the Acquisition:
• Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in
high-stakes mining environments.
• Increased Productivity: Real-time ore tracking and measurement help automate mine workflows, reducing
downtime and inefficiencies.
• Future-Ready Autonomy: indurad’s mobile machine automation expertise and OEM-agnostic autonomy
platform combined with Hexagon’s existing technologies accelerate the shift to fully autonomous mines.
Hexagon is the global leader in precision technologies at any scale. Their digital twins, robotics and AI solutions are transforming the industries that shape our reality. Hexagon’s Autonomous Solutions (Mining) division solves surface and underground mine challenges with proven technologies for planning operations and safety. Hexagon has approximately 24,500 employees in 50 countries.
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