Hexagon AB

Hexagon AB

Provides sensor, software, and autonomous solutions.

Overview

Hexagon makes sensors, software, and autonomous systems that create a digital twin of real-world processes. It collects data from machines and converts it into a live model to help factories, construction sites, and mines run more efficiently and with better quality. It stands out by building an integrated ecosystem through many acquisitions, combining precision hardware with software to connect field work and office analysis. Its goal is to be the leading platform for digital reality by expanding its sensor-to-software suite and reorganizing its assets for growth.

About Hexagon AB

Simplify's Rating
Why Hexagon AB is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Robotics & Automation

Industrial & Manufacturing

Enterprise Software

Company Size

501-1,000

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

1975

Get referred to Hexagon AB

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Hexagon posted 12% organic growth in Q2 2026, its strongest in five years.
  • September 2026 Datanomix and IIIT Hyderabad partnerships deepen Hexagon’s AI manufacturing and research reach.
  • The Guidance Marine acquisition broadens maritime positioning into offshore wind, ports, and marine construction.

What critics are saying

  • Waygate Technologies closes in Q4 2026; integration missteps will dilute Hexagon’s margin expansion.
  • Octave’s May 2026 split removes software cross-sell; execution failures weaken the portfolio reset.
  • Chinese and European metrology rivals commoditize scanning and inspection, pressuring pricing throughout 2026.

What makes Hexagon AB unique

  • Hexagon owns sensors, software, and positioning, creating closed-loop digital twins.
  • Its Leica and NovAtel brands anchor premium workflows across metrology, geospatial, and autonomy.
  • The Octave separation, completed May 2026, sharpened focus on precision measurement and positioning.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$200k

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↓ -9%

1 year growth

↓ -9%

2 year growth

↓ -11%
CNC Seeker
Sep 25th, 2026
Advanced manufacturing at IMTS 2026: 3D printing and AI and drones, oh my!

Advanced manufacturing at IMTS 2026: 3D printing and AI and drones, oh my! By CNC Seeker · Friday, September 25, 2026 · 3 min read · Source: 3DPrint.com | Additive Manufacturing Business Key takeaways. * IMTS 2026 attracted ≈ 90 000 visitors, 1.7 k exhibitors, and filled 1.17 M sq ft of exhibit floor at McCormick Place. * Additive manufacturing (AM) moved from a peripheral "novelty" zone to the core metal-removal hall, signaling mainstream adoption. * Hexagon's Geomagic Design X now fills missing geometry in reverse-engineered scans with <= 0.02 mm accuracy, rivaling Autodesk ReCap and Siemens NX. * Stratasys debuted the J750 Pro (build volume 330 x 250 x 200 mm, 16 μm layer resolution) for automotive-grade parts, boosting part-per-hour rates by 30 % over the previous J750. * AI-driven robotic cells demonstrated 99.7 % defect-free machining on 5-axis CNCs, while drone-based inspection cut inspection time from 8 h to 2 h on a 1 000 ft^2 shop floor. IMTS 2026: A snapshot of the modern factory floor. Scale and scope. The International Manufacturing Technology Show (IMTS) returned to Chicago's McCormick Place with 90 000+ attendees, 1 700+ exhibitors, and 1.17 million sq ft of floor space - up 8 % in exhibit area from 2023. The event's three-building layout (East, South, North) grouped technologies by workflow stage, giving visitors a logical "factory-floor" tour. East building: quality, metrology & software. The first day was dominated by quality-assurance tools. Hexagon's booth showcased its Geomagic Design X reverse-engineering suite, which can reconstruct missing features from incomplete point clouds using AI-based surface inference. The software claims <= 0.02 mm dimensional accuracy and supports over 120 file formats, including STEP, IGES, and STL. Hexagon vs. Competitors (reverse-engineering software). | Feature | Geomagic Design X | Autodesk ReCap | Siemens NX Reverse Engineering | | Max point-cloud size | 500 M points | 200 M points | 400 M points | | Accuracy (typical) | <= 0.02 mm | <= 0.05 mm | <= 0.03 mm | | AI-fill missing geometry | | | | | | | | Supported CAD formats | 120+ | 70+ | 100+ | | Typical license cost (USD) | $12 k-$20 k | $7 k-$12 k | $15 k-$25 k | South building: Additive Manufacturing takes center stage. Additive firms were no longer hidden in a side corridor; they occupied a primary hall adjacent to the metal-removal zone. This placement underscores AM's role in post-process machining and tool-path optimization. Stratasys J750 Pro highlights. * Build volume: 330 x 250 x 200 mm * Layer resolution: 16 μm (minimum) * Materials: Up to 5 multi-color/transparent resins simultaneously * Throughput: 30 % faster than the legacy J750, enabling ≈ 120 cc/hr of printable volume The machine demonstrated automotive-grade brackets - lightweight, high-strength components that passed ISO 9001-based tensile testing (UTS ≈ 70 MPa). North building: automation, robotics & AI. The north wing featured AI-driven CNC cells and drone-based inspection platforms. * Robotic 5-axis CNC (KUKA-integrated) achieved a 99.7 % first-pass yield on titanium aerospace brackets, cutting scrap rates from 2 % to 0.3 %. * Inspection drones equipped with LiDAR scanned a 1 000 ft^2 shop floor in 2 hours, a 75 % time reduction versus traditional handheld scanners. Cross-Workflow integration. The proximity of AM booths to metal-removal stations illustrated a closed-loop workflow: parts are printed, then directly machined without re-handling. This reduces lead time by an estimated 48 hours per part and cuts material waste by ≈ 12 % compared with a segregated process. Bottom line. IMTS 2026 confirmed that additive manufacturing, AI-powered robotics, and drone inspection are no longer experimental add-ons but integral components of the modern production line. With record attendance and a layout that mirrors real-world shop floors, the show highlighted how technologies such as Hexagon's Geomagic Design X and Stratasys's J750 Pro are delivering measurable gains in accuracy, speed, and cost. For manufacturers seeking to stay competitive, the message is clear: embrace integrated, data-driven processes now, or risk falling behind the rapidly evolving industry standard.

Chemical Industry Digest
Sep 24th, 2026
IIIT Hyderabad and Hexagon collaborate on Digital Twin technology.

IIIT Hyderabad and Hexagon collaborate on Digital Twin technology. September 24, 2026 IIIT Hyderabad and Hexagon R&D India are setting up the Hexagon Digital Twin Centre of Excellence (CoE) to advance research and education in digital twins, computer vision and spatial computing. The centre will combine artificial intelligence (AI) with industry-grade technologies to help convert research concepts into practical applications. Centre to Connect Research with Industry The CoE will provide students, faculty and researchers with access to Hexagon's Leica BLK360 G2 precision imaging laser scanner and associated software. These technologies will enable researchers to create high-fidelity digital twins and explore new approaches to capturing and digitally representing physical environments. Furthermore, the centre will support applied research, prototypes and proof-of-concepts focused on real-world industry challenges. Students and researchers will also gain hands-on experience with industry-grade technologies and datasets while developing applications in spatial computing and computer vision. Prof. Sandeep K. Shukla, Director, IIIT Hyderabad, said the collaboration will provide researchers and students with access to advanced technologies and real-world spatial data. He added that the centre will help create opportunities to translate academic research into practical applications and build a stronger research and innovation ecosystem. Focus on AI and Digital Twin Applications The collaboration will build on Hexagon's academic partnerships in deep technology and foundational sciences while supporting the development of AI capabilities in India. Through the CoE, students and researchers can explore how digital twins, computer vision and spatial computing can address challenges across industries. In addition, access to real-world datasets and industry technologies will help researchers test ideas in practical environments. Navaneet Mishra, Senior Vice President and Head of Hexagon's R&D India, said that technologies capable of capturing, understanding and digitally representing the physical world are creating new possibilities across industries. He added that the collaboration will give students and researchers access to Hexagon's technologies as well as real-world industry challenges. Advancing Deep-Tech Research in India Nora Hollenstein, VP, AI Hub at Hexagon AB, said the company has research collaborations across the world and aims to extend this ecosystem to India through the new centre. As reported by manufacturingtodayindia.com, the CoE will provide an environment where researchers can test new ideas, conduct deeper research and develop solutions for real-world applications. Consequently, the initiative is expected to strengthen collaboration between academia and industry in areas such as AI, digital twins, computer vision and spatial computing.

Deccan Chronicle
Sep 23rd, 2026
IIIT-H, Hexagon set up CoE for digital twin research.

IIIT-H, Hexagon set up CoE for digital twin research. 23 September 2026 8:13 AM The CoE will support applied research, prototypes and proof-of-concept projects aimed at real-world industry challenges. IIIT-H and Hexagon R&D India officials at the launch of a Centre of Excellence for digital twin research in Hyderabad. (DC Image) Hyderabad: The International Institute of Information Technology, Hyderabad (IIIT-H) and Hexagon R&D India will establish a centre of excellence (CoE) at the institute to advance research and education in digital twins, computer vision and spatial computing using artificial intelligence (AI). The Hexagon digital twin CoE will provide IIIT-H students, faculty and researchers access to Hexagon's Leica BLK360 G2 precision imaging laser scanner and associated software, the institute said, adding that the technology can capture detailed information about physical spaces and help create high-fidelity digital representations, known as digital twins. The CoE will support applied research, prototypes and proof-of-concept projects aimed at real-world industry challenges. It will also give students and researchers access to industry-grade technologies and datasets, allowing them to explore applications in spatial computing and computer vision. IIIT-H director Prof. Sandeep K. Shukla said the collaboration would provide researchers and students with access to advanced technologies and real-world spatial data, helping take research from laboratories to practical applications. Discover more Environment news reports Sports news coverage Entertainment news digest Navaneet Mishra, senior vice-president and head of Hexagon's R&D India, said capturing, understanding and digitally representing the physical world was creating new possibilities across industries. He said the collaboration would give students and researchers access to Hexagon technologies as well as real-world challenges. Nora Hollenstein, vice-president, AI Hub at Hexagon AB, said the company aimed to create an environment in India where ideas could be tested and deep research could contribute to real-world solutions. ( Source: Deccan Chronicle) Download the Deccan Chronicle Android and iOS app on your phone for news and views from around the world - accurate and immediate. Five-star memories in Punta Cana.Not all memories feel the same. At Grand Palladium Hotels & Resorts, yours include waking up to the Caribbean Sea, dining under the stars, and the privilege of having everything taken care of.Palladium Hotel Group | Sponsored How I've excelled at my job for 14+ years"The competitive pay and benefits attracted me."Liberty Mutual | Sponsored How working with my team empowers me to win"I'm surrounded by driven people who motivate me."Liberty Mutual | Sponsored

Telangana Today
Sep 23rd, 2026
IIIT Hyderabad, Hexagon R&D India set up Digital Twin Centre of Excellence.

IIIT Hyderabad, Hexagon R&D India set up Digital Twin Centre of Excellence. IIIT Hyderabad and Hexagon R&D India have collaborated to establish a Digital Twin Centre of Excellence at the institute. The centre will focus on computer vision, spatial computing and AI-enabled digital twins while providing students and researchers access to industry-grade technologies Download Interactive Maps Published Date - 23 September 2026, 06:57 PM Hyderabad: IIIT Hyderabad and Hexagon R&D India on Wednesday collaborated to establish the Hexagon Digital Twin Centre of Excellence (CoE) at IIIT Hyderabad. The CoE will focus on advancing applied research, education and industry collaboration in computer vision, spatial computing and digital twins, leveraging artificial intelligence (AI). The collaboration will provide students, faculty and researchers at IIIT Hyderabad with access to Hexagon's advanced precision-imaging laser scanner (Leica BLK360 G2, along with the relevant software package), which enables high-fidelity digital twin creation, a press release said. The CoE will serve as a platform for research and innovation, supporting the development of prototypes, proofs of concept and solutions addressing real-world industry challenges. It will also create opportunities for students and researchers to work with industry-grade technologies and datasets while exploring new applications for spatial computing and computer vision, it said. IIIT Hyderabad Director Prof. Sandeep K. Shukla said the collaboration with Hexagon would give the Institute's researchers and students access to advanced technologies and real-world spatial data, creating opportunities to translate research from the lab into practical applications. Discover more Lifestyle Magazine Content Entertainment News Feed Property Listings Service * Follow Us: Discover more Telangana Tourism Guide World News Digest Sport News Coverage

SME Media
Sep 17th, 2026
Hexagon debuts connected manufacturing technologies at IMTS.

Hexagon debuts connected manufacturing technologies at IMTS. New software, simulation and metrology solutions aim to help manufacturers address workforce challenges. * nicole franzese-damron * sep 16, 2026 updated sep 21, 2026 * 3 min to read. IMTS 2026 is in full swing, and exhibitors on the show floor are eager to spotlight their cutting-edge products. Hexagon, a provider of metrology and manufacturing software solutions, showcased a range of software and metrology technologies designed to help manufacturers improve productivity, streamline quality processes and connect data across the manufacturing lifecycle. During a press event at the show, company representatives detailed what Hexagon calls "manufacturing confidence," emphasizing the need for manufacturers to make faster, more informed decisions amid growing complexity, workforce shortages and increased adoption of artificial intelligence. According to Hexagon, many manufacturers continue to face challenges connecting data across design, production, quality and business systems, limiting their ability to fully capitalize on digital transformation initiatives. "We found something refreshing: that despite all of the economic uncertainty, there's a real sense of optimism out there," said a Hexagon representative during the presentation, citing company research that found continued investment in technology, ongoing reshoring efforts and workforce preparation for AI and automation. AI-Enabled workforce development. A throughline throughout the demonstration was the role of AI in augmenting workers rather than replacing them. Hexagon highlighted ProPlan AI, an extension of its ESPRIT EDGE computer-aided manufacturing platform that learns from historical programming practices and recommends machining strategies and toolpaths. The company said the technology is designed to automate repetitive programming tasks while preserving the expertise of experienced CAM programmers. Company representatives noted that manufacturers face growing concerns about retaining skills knowledge as experienced workers retire and newer employees enter the workforce. ProPlan AI is intended to capture and reuse proven programming practices while shortening the learning curve for less-experienced users. "The biggest impact we see is not necessarily replacing the skilled workforce, but it is to make them more empowered, make them more productive and more efficient in doing their day-to-day jobs. One of the big challenges that manufacturers face is how do we keep that knowledge in the house so that the new programmers can benefit from it," Hiren Kumbhojkar, Senior Director of GTM Strategy Marketing & Communication, said during the demonstration. Instead, the tool keeps programmers in control of the decision-making process while automating routine tasks and generating recommendations based on past work. Kumbhojkar also detailed Copilot capabilities within its software environment. The technology enables users to ask questions through natural-language prompts and receive step-by-step guidance for completing tasks. Hexagon believes future capabilities will allow the assistant to perform certain actions directly within the software while maintaining user oversight. Simulation enhances programming efficiency. Also showcased during the event were updates to its NC Simul software, including new GPU-powered simulation capabilities available in NC Simul 26.3. The enhancement allows users to save intermediate material states during machining simulations and jump directly to key stages in a process rather than rerunning an entire simulation sequence. This capability can significantly reduce verification time for complex parts and machining programs. By eliminating the need to repeatedly simulate previously completed operations, manufacturers can more quickly identify programming issues and validate revisions before production begins, according to the company. New metrology solutions debut. On the metrology side, Hexagon previewed Hyperscan SR, a wireless handheld scanning system designed to simplify shop-floor measurement workflows and reduce barriers to adoption. Director of Product Management Joel Martin emphasized the importance of simplifying metrology technology for manufacturers facing workforce challenges. "This is really important from an adoption point of view. I can hand this scanner to anyone, and it's as simple as just waving it over the part. The easier we can make this technology, the lower that barrier of entry is to be able to bring new and unskilled labor into the process." Hexagon also introduced Optivas, an optical coordinate measuring machine designed to help manufacturers inspect increasingly complex parts while reducing dependence on highly skilled metrology personnel. The system incorporates AI-based functionality to simplify programming, automate lighting setup and improve repeatability between operators, according to the company. Connecting quality and production. Another recurring theme was the growing need to integrate quality processes more closely with manufacturing operations. Presenters cited survey data showing that inspection activities are moving closer to production, with 59% of manufacturers now measuring on or near the shop floor instead of relying solely on separate quality labs. The company also pointed to growing adoption of in-line inspection, but said efficiency challenges remain. According to Hexagon, more than two-thirds of manufacturers lose six or more hours per week to measurement and inspection bottlenecks, while only about one-third have quality data integrated across most systems, leaving critical information trapped in silos. Rather than treating quality as a final checkpoint, manufacturers should use measurement data as a continuous feedback mechanism that informs production decisions, reduces scrap and prevents rework, according to the company. Taken together, the announcements reflect Hexagon's broader vision for a connected manufacturing environment where AI, simulation and metrology technologies work together to provide manufacturers with trusted data and greater operational visibility.

Recently Posted Jobs

Sign up to get curated job recommendations

Hexagon AB is Hiring for 52 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →