Crane NXT, Co. operates as a premier industrial technology company focused on securing, detecting, and authenticating high-value products and transactions. The company operates through two primary segments: Crane Payment Innovations (CPI) / Detection and Traceability Technologies (DTT), and Security and Authentication Technologies (SAT). The CPI segment provides electronic equipment and associated software, including payment validators, bill recyclers, and point-of-sale connectivity solutions used in unattended retail, gaming, and financial services. The SAT segment delivers advanced security solutions, such as proprietary micro-optics, banknote substrates, and anti-counterfeiting technologies, serving over 50 central banks and various commercial brands globally. In 2024, Crane NXT expanded its portfolio into life sciences and food and beverage markets through the acquisition of Antares Vision, a leader in inspection and track-and-trace technologies. The company generates revenue primarily through the sale of specialized hardware, consumable components, and related service and support contracts.
