Hexagon AB, a global leader in digital reality solutions, has solidified its commitment to mining automation with the acquisition of German radar technology provider Indurad and its autonomous haulage subsidiary, xtonomy. The move underscores Hexagon’s focus on advancing productivity, safety, and sustainability in the mining sector through cutting-edge technology.
The acquisition, finalized in late November, brings Indurad’s radar technology and real-time location systems (RTLS) into Hexagon’s autonomous solutions division. With 140 employees globally, Indurad specializes in modular radar systems that enhance object tracking, collision avoidance, and mobile machine automation—key components for fully connected mining operations.
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Enhancing Mine Productivity and Safety
Hexagon highlighted several transformative benefits of the acquisition for its mining clients:
- Improved Safety: Indurad’s radar-based collision avoidance systems will mitigate risks, ensuring safer environments for both miners and machinery.
- Streamlined Operations: Real-time ore tracking and measurement systems reduce downtime and inefficiencies, automating critical workflows for greater operational efficiency.
- Accelerated Autonomy: Combining Indurad’s OEM-agnostic autonomy platform with Hexagon’s technologies will speed up the transition to fully autonomous mines.
“These technologies are game-changers for operational efficiency and safety,” 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.”
Strategic Implications for Hexagon and the Industry
The acquisition strengthens Hexagon’s position as a leading provider of autonomous mining solutions, aligning with the industry’s shift toward digital transformation. Indurad’s radar systems complement Hexagon’s existing solutions, opening up new opportunities for:
- Improved decision-making through integrated systems.
- Reduced operational risks and enhanced safety measures.
- Increased sustainability through optimized resource management and autonomous technologies.
With the addition of xtonomy, Hexagon gains expertise in autonomous haulage—an essential component of next-generation mining workflows.
Market Outlook
The mining industry’s rapid adoption of automation to improve safety and cost-efficiency positions Hexagon to meet increasing demand. The global mining automation market is projected to reach $6.2 billion by 2028, according to industry reports. Hexagon’s expanded portfolio makes it a strong partner for mining companies seeking scalable and integrated solutions.
Looking Ahead
The integration of Indurad into Hexagon’s autonomous solutions division marks a significant step toward the future of mining automation. By combining radar-based safety systems, real-time tracking, and autonomous haulage technologies, Hexagon is poised to lead the evolution of sustainable, fully autonomous mining operations.
As Hexagon and its competitors innovate, the mining industry’s focus on safety, productivity, and environmental responsibility will drive further transformation, setting the stage for a more efficient and sustainable future.
