Latest news with #Hexagon
Fast Company
2 days ago
- Business
- Fast Company
Nvidia and Hexagon's Aeon humanoid robot brings AI-powered automation to factories
Artificial intelligence is evolving at an unprecedented pace, advancing from simple generative tasks to autonomous decision-making through agentic models. Now AI is moving beyond the digital realm into the physical world. This next frontier, known as physical AI, combines advanced algorithms with sensors and actuators, enabling machines to perceive, reason, and act in complex real-world environments. At Hexagon LIVE 2025 in Las Vegas, a physical AI humanoid robot named AEON made its debut. Think Tron meets I, Robot, but powered by next-gen AI and hardware rather than movie magic. Developed by Sweden-based industrial tech giant Hexagon in partnership with Nvidia, AEON is designed for real-world industrial work. It can inspect equipment in cramped industrial corridors, navigate hazardous construction zones, and manage logistics in understaffed warehouses. Spencer Huang, Product Lead for Robotics at Nvidia and the son of CEO Jensen Huang, sees a massive opportunity in humanoids, as their form allows them to perform tasks that are dangerous and demanding for humans.
Cision Canada
4 days ago
- Business
- Cision Canada
Rishabh Engineering Honored with 5th Hexagon Elite Award
LAS VEGAS, June 18, 2025 /CNW/ -- Rishabh Engineering Services (RES), a leading multi-discipline design engineering services company, has earned global recognition by winning the Hexagon Elite Award 2025 for the fifth time at Hexagon LIVE Global 2025, held at the Fontainebleau Hotel. Rishabh Engineering Services was recognized as a winner for the " Best in Design" Award, which recognizes customers using Hexagon solutions to: Leverage planning data from diverse sources to streamline design and engineering for more intelligent and consistent plans and models by utilizing 3D CAD Modeling Services. Dramatically enhance flexibility, interoperability and collaboration to maximize design accuracy. Improve the quality and safety of engineering with interoperability between planning, design and analysis. "This award is a significant milestone and a proud moment for our entire engineering team," said Mr. Raju Shah, CEO of Rishabh Engineering Services. "Winning this accolade for the fifth time speaks volumes about our team's technical excellence, our commitment to quality, and our drive to consistently deliver world-class results to our global clients. It also reinforces our approach of embracing advanced digital software tools that support project lifecycle." The Hexagon Elite Award (formerly known as the Drivers of Success Award) are given annually to Asset Lifecycle Intelligence division clients exemplifying the Smart Digital Reality™ vision. This vision comprises a real-time, unified, role-based perspective of physical and digital realities across a project and asset portfolio. The Digital Backbone, Hexagon's engine for interoperability, intelligence, and innovation, powers it, linking data across the entire industrial asset lifecycle and enabling users to achieve more digital twins, third party software and legacy systems Mr. Naveen Raj Pal, Associate Vice President – Business Acquisition at Rishabh Engineering, added, "Winning this award again reflects our commitment to solving complex engineering challenges. Our clients' trust drives us to adopt newer technologies and consistently deliver value throughout every stage of project delivery" Hexagon LIVE Global unites engineers and leaders to exchange insights and forge strategic partnerships. Rishabh Engineering Services, a division of Rishabh Software, is a multi-discipline design engineering services company established in 2006. We offer high-quality design engineering support to Owners & Operators, EPC contractors, PMCs & technology fabricators operating in Oil & Energy industries globally. As a part of our services portfolio, we offer process, piping, mechanical, civil & structural, electrical & instrumentation & reverse engineering for complex projects.
Yahoo
5 days ago
- Business
- Yahoo
Octave® unveiled: Hexagon reveals name for potential 2026 company spin-off
Hexagon has announced that the spin-off of its Asset Lifecyle Intelligence and Safety, Infrastructure & Geospatial divisions, and related businesses, will operate as Octave. Octave will be a pureplay software and SaaS company focused on helping customers make smarter, more data-driven decisions across their organisation. If approved by relevant stakeholders, it is the Hexagon Board's current expectation that the separation and listing process will be completed in the first half of 2026 STOCKHOLM, June 17, 2025 /PRNewswire/ -- As Hexagon AB prepares for the potential spin-off of Hexagon's Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions and related businesses, the company has announced that the new business will operate as Octave. This new name communicates the company's intent to increase, accelerate, and optimise customer outcomes. As previously announced, in addition to Hexagon's existing Asset Lifecycle Intelligence and Safety, Infrastructure and Geospatial divisions, Octave will also include ETQ (currently operating under the Manufacturing Intelligence division) and Bricsys (currently operating under the Geosystems division). This new business will be a pureplay software and SaaS company focused on helping customers make smarter, more data-driven decisions across their organisation. Octave's portfolio will help customers design, build, operate and protect assets more effectively, enabling clearer insights and better incident response. "As we prepare for the potential separation from Hexagon AB, Octave will be a powerful identity to reflect the significant growth opportunity," said Mattias Stenberg, current President of Hexagon's Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions and incoming Octave Chief Executive Officer. "As a separate, stand-alone company Octave will have the depth, scale, and expertise necessary to capitalise on software and services opportunities across the industrial and public sector spaces and deliver intelligence at scale." Collectively, Octave had approximately 7,200 employees as of December 31, 2024, and revenues of approximately EUR 1,448 million with an adjusted operating margin (EBIT1) of approximately 31% for the year ended December 31, 2024, before consideration of standalone costs and using IFRS accounting standards.[1] If approved by relevant stakeholders, it is the Hexagon Board's current expectation that the separation and listing process will be completed in the first half of 2026. Hexagon will provide additional information on the cost of the separation process and other key matters in due course. The separation, spin-off and listing remain subject to this ongoing process and final approval of the Hexagon Board and shareholders, as well as being subject to other conditions, consents and regulatory approvals. There can be no assurances that a separation, spin-off or listing will occur. For more information, visit FOR MORE INFORMATION, CONTACT: Keri Tomsic, Director Corporate Communications, Hexagon, +1 404.725.3964, media@ Hull, Head of Investor Relations, Hexagon, +44 7442 678 437, ir@ Important information:This communication does not constitute an offer to exchange, sell or buy securities. There shall not be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication contains forward-looking statements. When used in this communication, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. They may involve risks and uncertainties, including technological advances in the measurement field, product demand and market acceptance, the effect of economic conditions, the impact of competitive products and pricing, foreign currency exchange rates and other risks. These forward-looking statements reflect the views of Hexagon's management as of the date made with respect to future events and are subject to risks and uncertainties. All of these forward-looking statements are based on estimates and assumptions made by Hexagon's management and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results or experience could differ materially from the forward-looking statements. Hexagon disclaims any intention or obligation to update these forward-looking statements. Forward-looking statements are not guarantees of future performance and the actual results of Hexagon's operations and the development of the markets and the industry in which Hexagon operates or other outcomes suggested by such forward-looking statements (including any outcomes of a separation, a spin-off or a listing and any related business, financial, tax, regulatory or other implications, or differences between the existing ALI division and any separated business) may differ materially from those described in, or suggested by, the forward-looking statements contained in this communication. [1] As all details about Octave are subject to change as preparation for the potential spin-off progresses, the actual results of Octave, and Hexagon excluding Octave, may vary from the figures reflected herein, for reasons including but not limited to potential changes in accounting standards and the inclusion of stand-alone costs. This information was brought to you by Cision The following files are available for download: Octave® unveiled Hexagon reveals name for potential 2026 company spin-off View original content: SOURCE Hexagon Sign in to access your portfolio
Korea Herald
5 days ago
- Business
- Korea Herald
Hexagon launches AEON, a humanoid built for industry
STOCKHOLM, June 17, 2025 /PRNewswire/ -- Hexagon, the global leader in measurement technology, launches a humanoid robot, AEON, at its flagship Hexagon LIVE Global event. AEON, launched by Hexagon's previously announced Robotics division, has been specifically designed to meet real-world customer needs and address labour shortages. AEON combines Hexagon's world-class sensor suite with advanced locomotion, AI-driven mission control, and spatial intelligence to deliver exceptional agility, versatility, and awareness. This powerful combination enables AEON to address a wide range of industrial applications – from manipulation and asset inspection to reality capture and operator support. AEON will help to improve safety and drive autonomy across sectors such as automotive, aerospace, transportation, manufacturing, warehousing, and logistics. "Hexagon's legacy in precision measurement and sensor technologies has always been about enabling next-generation autonomy. For the past 10 years, we've been working on robotics innovation across our divisions," said Ola Rollén, Chairman of the Board, Hexagon. "Hexagon is one of the best-placed companies in the world to lead and shape the field of humanoid robotics. AEON represents a state-of-the-art, industrially bespoke humanoid. It's a leap forward in our goal to help customers drive sustainable growth in the face of structural demographic changes. I'm proud to see AEON come to life." AEON's innovative capabilities include: Arnaud Robert, President, Hexagon's Robotics division, said, "With AEON, we're advancing physical AI to tackle real operational challenges – bridging cutting-edge technology with practical industry needs. We have engaged with many industry leaders already, and over the next six months we'll be deploying AEON in production environments before expanding our commercial rollout." Hexagon's Robotics division is partnering with Schaeffler and Pilatus to pilot AEON across manipulation, machine tending, part inspection, and reality capture use cases. "Consistent with our long history of innovation and always in pursuit of excellence, we are pleased to collaborate with Hexagon's Robotics division to explore humanoid solutions in our factories," said Roman Emmenegger, VP Manufacturing, Pilatus. "Facing today's challenges of manufacturing in Switzerland, we believe that AEON will become a contributing solution in sustaining our competitiveness in more than ever tougher global markets. Its unique locomotion, sensors, and on-board intelligence provides for agility and versatility and opens a multitude of opportunities to drive automation and digitisation in our daily operations." "By leveraging disruptive technologies such as humanoid robots, Schaeffler paves the way to becoming the leading motion technology company. We are excited to pilot Hexagon Robotics' humanoid solutions across a range of use cases in our factories and to share our decades of knowledge in the fields of manufacturing and vertical integration," added Sebastian Jonas, Senior Vice President Advanced Production Technology at Schaeffler. Hexagon's Robotics division has established strong partnerships with technology leaders NVIDIA, Microsoft, and maxon to bring AEON to the market. AEON is powered by NVIDIA accelerated computing, NVIDIA Omniverse, and NVIDIA Jetson. Microsoft Azure's platform enables scalable development and on-demand training of AEON's capabilities. And maxon's next generation actuators power AEON's unique and efficient locomotion across multiple environments. To watch the Hexagon LIVE Global keynotes' livestream, please click here. About Hexagon: Hexagon is the global leader in measurement technologies. We provide the confidence that vital industries rely on to build, navigate, and innovate. From microns to Mars, our solutions ensure productivity, quality, and sustainability in everything from manufacturing and construction to mining and autonomous systems. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at About Pilatus Founded in 1939, Pilatus Aircraft Ltd develops and produces worldwide unique aircraft and market-leading systems for pilot training. The Pilatus team consists of over 3,000 exceptional employees who make the company, which is domiciled in Stans, one of the largest and most innovative employers in Central Switzerland. About Schaeffler Schaeffler Group – We pioneer motion: The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services by means of eight product families: from bearing solutions and all types of linear guidance systems through to repair and monitoring services. With around 120,000 employees and more than 250 locations in 55 countries, Schaeffler is one of the world's largest family-owned companies and ranks among Germany's most innovative companies.
Cision Canada
5 days ago
- Business
- Cision Canada
Hexagon launches AEON, a humanoid built for industry
Hexagon leverages industry-leading expertise in measurement technologies, AI and autonomous systems to introduce an advanced humanoid robot to accelerate next-generation autonomy AEON combines best-in-class locomotion, sensor fusion, and AI-based spatial intelligence to address labour shortages and tackle industrial use cases Schaeffler and Pilatus will pilot the humanoid across a variety of use cases and environments STOCKHOLM, June 17, 2025 /CNW/ -- Hexagon, the global leader in measurement technology, launches a humanoid robot, AEON, at its flagship Hexagon LIVE Global event. AEON, launched by Hexagon's previously announced Robotics division, has been specifically designed to meet real-world customer needs and address labour shortages. AEON combines Hexagon's world-class sensor suite with advanced locomotion, AI-driven mission control, and spatial intelligence to deliver exceptional agility, versatility, and awareness. This powerful combination enables AEON to address a wide range of industrial applications – from manipulation and asset inspection to reality capture and operator support. AEON will help to improve safety and drive autonomy across sectors such as automotive, aerospace, transportation, manufacturing, warehousing, and logistics. "Hexagon's legacy in precision measurement and sensor technologies has always been about enabling next-generation autonomy. For the past 10 years, we've been working on robotics innovation across our divisions," said Ola Rollén, Chairman of the Board, Hexagon. "Hexagon is one of the best-placed companies in the world to lead and shape the field of humanoid robotics. AEON represents a state-of-the-art, industrially bespoke humanoid. It's a leap forward in our goal to help customers drive sustainable growth in the face of structural demographic changes. I'm proud to see AEON come to life." AEON's innovative capabilities include: Agility: Combining dexterity and locomotion, AEON can move around quickly while also performing tasks that require high accuracy thanks to Hexagon's proprietary precision measurement technologies. Awareness: Bringing together spatial intelligence and reasoning, AEON merges data from multimodal sensors to understand the environment and optimise the mission given the task at hand. Versatility: AEON is built to perform a wide variety of tasks – from picking specific objects and scanning industrial components for inspection to creating digital twins through digital reality capture and teleoperation – all leveraging an end-to-end training approach. Power autonomy: With a unique battery swapping mechanism, AEON does not need to recharge to continue to operate. Arnaud Robert, President, Hexagon's Robotics division, said, "With AEON, we're advancing physical AI to tackle real operational challenges – bridging cutting-edge technology with practical industry needs. We have engaged with many industry leaders already, and over the next six months we'll be deploying AEON in production environments before expanding our commercial rollout." Hexagon's Robotics division is partnering with Schaeffler and Pilatus to pilot AEON across manipulation, machine tending, part inspection, and reality capture use cases. "Consistent with our long history of innovation and always in pursuit of excellence, we are pleased to collaborate with Hexagon's Robotics division to explore humanoid solutions in our factories," said Roman Emmenegger, VP Manufacturing, Pilatus. "Facing today's challenges of manufacturing in Switzerland, we believe that AEON will become a contributing solution in sustaining our competitiveness in more than ever tougher global markets. Its unique locomotion, sensors, and on-board intelligence provides for agility and versatility and opens a multitude of opportunities to drive automation and digitisation in our daily operations." "By leveraging disruptive technologies such as humanoid robots, Schaeffler paves the way to becoming the leading motion technology company. We are excited to pilot Hexagon Robotics' humanoid solutions across a range of use cases in our factories and to share our decades of knowledge in the fields of manufacturing and vertical integration," added Sebastian Jonas, Senior Vice President Advanced Production Technology at Schaeffler. Hexagon's Robotics division has established strong partnerships with technology leaders NVIDIA, Microsoft, and maxon to bring AEON to the market. AEON is powered by NVIDIA accelerated computing, NVIDIA Omniverse, and NVIDIA Jetson. Microsoft Azure's platform enables scalable development and on-demand training of AEON's capabilities. And maxon's next generation actuators power AEON's unique and efficient locomotion across multiple environments. To watch the Hexagon LIVE Global keynotes' livestream, please click here. About Hexagon: Hexagon is the global leader in measurement technologies. We provide the confidence that vital industries rely on to build, navigate, and innovate. From microns to Mars, our solutions ensure productivity, quality, and sustainability in everything from manufacturing and construction to mining and autonomous systems. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at About Pilatus Founded in 1939, Pilatus Aircraft Ltd develops and produces worldwide unique aircraft and market-leading systems for pilot training. The Pilatus team consists of over 3,000 exceptional employees who make the company, which is domiciled in Stans, one of the largest and most innovative employers in Central Switzerland. About Schaeffler Schaeffler Group – We pioneer motion: The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services by means of eight product families: from bearing solutions and all types of linear guidance systems through to repair and monitoring services. With around 120,000 employees and more than 250 locations in 55 countries, Schaeffler is one of the world's largest family-owned companies and ranks among Germany's most innovative companies.
