Hexagon AB (publ) (HXGBF) Research

Hexagon AB (publ) is a global technology firm that provides sophisticated information technology solutions across both industrial and geospatial domains. The company operates through two primary divisions. Its Industrial Enterprise Solutions (IES) segment specializes in advanced metrology systems, incorporating cutting-edge in-sensor technology for precise measurements, alongside computer-aided design, manufacturing, and engineering (CAD/CAM/CAE) software. Key offerings encompass coordinate measuring machines (CMMs), laser trackers and scanners, specialized industrial metrology software, and comprehensive operations management solutions. These are critical for diverse industries including electronics, general manufacturing, power generation, automotive, and aerospace and defense. The Geospatial Enterprise Solutions (GIS) segment focuses on data acquisition and spatial intelligence. It supplies sensors for capturing environmental data from both land and air, in addition to satellite-based positioning systems. Furthermore, this segment offers GIS software designed for generating detailed 3D maps and models, facilitating informed decision-making in applications spanning surveying, construction, public safety, and agriculture. Its extensive product portfolio includes laser scanners, airborne cameras, unmanned aerial vehicles (UAVs), mobile mapping technology, and precise positioning solutions. Industries leveraging these tools range from surveying and infrastructure development to natural resource management, public safety, and aerospace and defense. Founded in 1975, the company was initially known as Eken Industri & Handel AB before adopting its current name, Hexagon AB (publ), in 1993. It is headquartered in Stockholm, Sweden.

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