PRESS RELEASE: Based in Tucson, Arizona, US, Guardvant specialises in advanced technologies that help mines to improve operator performance, create a more productive work environment and protect assets.
Hexagon said the acquisition significantly strengthens the safety portfolio offered by its 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 recognised 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 said: "Hexagon shares our commitment to safety and are in the unique position of delivering life-of-mine solutions across a broad technology portfolio. 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.