Sweden’s Hexagon has acquired indurad and subsidiary xtonomy in a move it describes as “another step towards realising our vision of fully connected and integrated mine workflows”.
Hexagon said indurad and xtonomy enhanced its position in radar and real-time location systems while bolstering its already strong autonomous haulage capabilities.
“indurad’s mobile machine automation expertise and OEM-agnostic autonomy platform combined with Hexagon’s existing technologies accelerate the shift to fully autonomous mines,” it said.
Germany’s indurad, established in 2008, reportedly generated €19 million revenue last year, “with profitability initially below Hexagon group levels but expected to improve as synergies are realised”.
The company is said to have 140 employees.
indurad will become part of Hexagon’s Autonomous Solutions division.
