Nextsense reaches €10m mark on 10th anniversary

Share this on social media:

Profile measurement and surface inspection company, Nextsense, has passed €10 million for the first three quarters of 2017. The Graz, Austria-based firm celebrated its tenth anniversary this year.

Nextsense plans to reach a turnover of €13 million by the end of the year, at an EBIT of approximately €3 million. The company has more than 70 employees, opened its first overseas branch in Atlanta, USA in 2016, and plans to open a Chinese subsidiary in Shanghai.

Nextsense’s profile measurement technology, called the Calipri principle, projects three laser lines onto an object, which are then captured by a camera in order to measure the height profile. Because the technique uses three laser lines, the vision algorithm can correct for rotation and tilt. This means the measurement devices can be operated by hand without influencing the result. The company’s systems are accurate in the micrometre range.

The firm's customers include railway operators in Europe, such as the Austrian ÖBB, the German Deutsche Bahn and the French SNCF, as well as in China, Japan, and the USA. The Calipri technique is used for wear measurements on wheels and rails.

Automotive manufacturers Audi and Daimler use Nextsense’s systems for gap measurements; steel and aerospace industries are also customers, including Airbus.

Nextsense was founded in 2007 by four former employees of Joanneum Research: Clemens Gasser, Albert Niel, Peter Kaufmann and Edwin Deutschl. The founders won the Styrian innovation award, which gave them the start-up capital to start the company. This year, Nextsense won its second Fast Forward Award from the Styrian Business Promotion Agency in Austria.

The high-tech company is aiming for at least 25 per cent annual growth in the next five years, which corresponds to a €30 million turnover by 2021. The firm is also recruiting, according to Clemens Gasser, managing director.

Gasser commented: ‘We are well prepared for the next step in our growth with an equity ratio of more than 90 per cent, no bank loans, a powerful strategy, motivated employees and unique technological features.’

Company: 

Related news

Swivel chair and screen at 40m - picture taken with a 32 x 16-pixel sensor. Credit: Pointcloud and ORC

18 February 2021

In a public area, LEDs could be used for general lighting, visible light communication and 3D video surveillance. Credit: Emma Le Francois, University of Strathclyde

25 January 2021

Terry Arden

19 January 2021

Recent News

08 April 2021

The swir detector will be integrated into the Copernicus Land Surface Temperature Monitoring satellite, and will measure surface temperatures of land experiencing drought

08 April 2021

Michael Lisby Jensen has been appointed CEO of JAI. Lisby Jensen was previously CEO and general manager of precision measurement equipment suppliers, Capres and MicroSense

31 March 2021

Basler has announced 2020 sales of €170.5m, up on the previous year of €162.0m. Incoming orders were €181.6m compared to 2019's €166.5m

26 March 2021

Customers can create deep learning models using Neurala’s Brain Builder software and then upload these to a Flir Firefly DL camera