HUNTSVILLE, Ala., May 28, 2026 (GLOBE NEWSWIRE) — Following the successful completion of the spin-off of Octave Intelligence plc (Nasdaq: OCTV) (“Octave”) from parent-company Hexagon AB on May 22, Octave’s Swedish depository receipts commenced trading on Nasdaq Stockholm on May 25 and Octave’s Class B ordinary shares will commence trading on the Nasdaq Global Select Market in New York (“Nasdaq New York”) today.
Building on thirty years of expertise and partnership with the world’s biggest and most complex organizations, including more than 60% of the Global Fortune 500, Octave delivers connected, contextual intelligence solutions for the organizations who can’t afford to fail.
“Organizations responsible for the world’s most critical assets are generating data that creates intelligence everywhere but is connected nowhere,” said Mattias Stenberg, chief executive officer of Octave. “Octave unlocks results by connecting that data and intelligence with context and AI-driven insight across every asset, facility and organization. Today marks a new day for our customers, employees and partners.”
Every day, the world’s most complex organizations – power grids, rail networks, manufacturing plants, public safety systems, entire cities – keep critical infrastructure running through Octave’s solutions by connecting expertise, real-world conditions, and enterprise-scale insight to improve performance, resilience, and incident response where it matters most.
By linking data, decisions, and outcomes across the design, build, operate and protect phases, Octave creates shared knowledge where every new data source strengthens the system, yielding compounding insight over time.
“This new chapter marks a new focus – as an organization deeply committed to solving our customers’ toughest challenges in a rapidly changing world,” continued Stenberg. “The future of technology is won by the companies who can deliver meaningful outcomes at scale. Octave is positioned to meet this through our unmatched depth of connected, contextual intelligence.”
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