Hexagon acquires mine safety specialist Guardvant

TUCSON, ARIZONA, AUGUST 2, 2018 – Hexagon’s Mining division today announced the acquisition of Guardvant, a provider of integrated safety solutions for the mining industry. Based in Tucson, Arizona, Guardvant specializes in advanced technologies that help mines to improve operator performance, create a more productive work environment, and protect assets.

Today’s acquisition significantly strengthens the safety portfolio offered by Hexagon’s Mining division. Worldwide, more than 30,000 mining vehicles are equipped with Hexagon’s collision avoidance system, which is integrated with the company’s solutions for fleet management, personal protection, vehicle intervention, fatigue monitoring and tracking radar.

Guardvant’s expertise, particularly in detecting operator fatigue and distraction, helps solidify Hexagon’s leading role in mine safety solutions, said Josh Weiss, President of Hexagon’s Mining division.

“Guardvant is a recognized force in fatigue monitoring technology and was the first to market as an OEM-independent in that field,” he said. “The acquisition solidifies Hexagon’s position as the leader in mine safety and enhances our integrated life-of-mine portfolio.“

The industry’s demand for safety solutions is growing faster than for any other area of mining technology, added Weiss. “Guardvant’s knowledge base integrated with our own safety portfolio helps us respond to this demand. It means greater protection for our customers’ assets and real peace of mind when it comes to getting everyone home safely.”

Guardvant CEO, Sergio Blacutt, shared his excitement about joining Hexagon and its Mining division.

“Hexagon shares our commitment to safety and is in the unique position of delivering life-of-mine solutions across a broad technology portfolio,” he said. “We are looking forward to being part of a team that is changing the game for the mining industry.”

Guardvant currently equips almost 5,000 mining vehicles with fatigue and awareness detection technology. Remote monitoring services bolster its comprehensive solution as a service and the company boasts established relationships with top mining companies, providing global enterprise solutions.

About Hexagon

Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE), a state where data is connected seamlessly through the convergence of the physical world with the digital, and intelligence is built-in to all processes.

Hexagon’s industry-specific solutions leverage domain expertise in sensor technologies, software, and data orchestration to create Smart Digital Realities™ that improve productivity and quality across manufacturing, infrastructure, safety and mobility applications.

Hexagon’s Mining division solves surface and underground challenges with proven technologies for planning, operations, and safety.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

For further information
Neville Judd
Communications Director,
Hexagon Mining
+ 1.604.505.6154
media@hexagonmining.com
@hexagonmining

©Copyright 2018 Hexagon Mining. All rights reserved. Other brands and product names are trademarks of their respective owners. Hexagon Mining believes the information in this publication is accurate as of its publication date. Such information is subject to change without notice.