Septentrio Completes Acquisition of Altus Positioning

June 15, 2015  - By

Septentrio Satellite Navigation has completed the acquisition and integration of Altus Positioning Systems. Septentrio said the acquisition strengthens the company’s focus on highly accurate and reliable GPS/GNSS positioning equipment, and the integrated company will continue to focus on developing emerging markets across the globe and increase advancements in the field of GIS.

“At the heart of this fusion are our customers,” said  Antoon de Proft, CEO and president of Septentrio, “They will benefit from this unique opportunity, which combines the knowledge and experience of Septentrio in GNSS positioning with experience of Altus-PS in survey, mapping and GIS; and from an expanded offering of products and services under one group.”

Septentrio Satellite Navigation and Altus-PS started working together in 2007. The collaboration between the two companies resulted in a series of successful products such as the APS-NR2, APS-3, APS-U and APS-GeoPod, surveying and GIS products that provide essential accurate and reliable results and ease of operation, Septentrio said in a statement. The smart antenna products will form a product line in the Septentrio product portfolio.

The acquisition brings key capabilities and synergies in other areas such as testing, manufacturing and delivery, which will now be based from Septentrio’s corporate headquarters outside the Belgian city of Leuven.

Neil Vancans

Neil Vancans

Neil Vancans, formerly president of Altus-PS, now becomes vice president of Septentrio Americas. “The fusion of our two companies is a logical step in our evolving business relationship and professional collaboration,” Vancans said. “We look forward to leveraging the strengths of both our organizations to grow the market for Septentrio products across a wide range of market sectors and build the same level of success for Septentrio products in the American market that we have enjoyed elsewhere in the world.”

Septentrio designs, manufactures and sells high-precision multi-frequency, multi-constellation GPS/GNSS equipment used in demanding applications in a variety of industries such as marine, construction, agriculture, survey and mapping, GIS and UAVs. Septentrio receivers are available as OEM boards, housed receivers and smart antennas.