Hexagon acquires Inertial Sense
Hexagon has completed the acquisition of Inertial Sense, a move that bolsters its capabilities in the navigation solutions sector. The acquisition, valued at $5 million, brings Inertial Sense's tactical-grade GNSS (Global Navigation Satellite System) and INS (Inertial Navigation System) technology under Hexagon’s Aerospace & Defence Division. The incorporation of these systems is expected to enhance Hexagon's position in assured positioning, navigation, and timing (PNT) markets, essential for robust performance in GPS-denied environments.
Inertial Sense, based in Utah, USA, is recognized for its high-performance navigation solutions, with a notable global footprint of over 30,000 inertial systems deployed across both defense and commercial sectors. The company will continue its operations under the Hexagon umbrella, focusing on expanding its offerings of lightweight and cost-effective navigation systems.
According to Stig Pedersen, President of the Aerospace & Defence Division at Hexagon, the acquisition of Inertial Sense aligns with the firm's strategy to advance its PNT roadmap. The integration of Inertial Sense’s technology is anticipated to enhance Hexagon's ability to deliver reliable positioning solutions suitable for complex environments, particularly in aerospace and defense applications.
This development occurs within a competitive market where robust navigation solutions are increasingly critical due to the rise in demand for precision in military and commercial applications. Hexagon’s acquisition highlights its ambition to leverage advanced navigation technologies to secure a competitive edge and foster innovation in the sector.
With regulatory matters seemingly settled and the acquisition now complete, the focus will shift to the integration and operational alignment of Inertial Sense within Hexagon’s broader strategic framework. Market observers will be keen to see how this integration unfolds and its impact on Hexagon’s competitive positioning in the navigation solutions arena.
Deal timeline
This transaction is classified in Navigation Solutions with a reported deal value of $5M. Figures and status may change as sources update.