Crane NXT Co (Crane NXT) is an industrial technology company that specializes in providing proprietary and trusted technology solutions. The company's primary activities involve the use of advanced micro-optics technology for securing physical products and the development of sophisticated electronic equipment and software that leverage proprietary core capabilities with detection and sensing technologies. Crane NXT serves a wide range of industries, with a focus on payment transactions, automation solutions, processing systems, and security solutions for physical products.

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Crane NXT focuses on research, development, and engineering to maintain technological leadership across its segments. The company's R&D activities support existing products by providing new features and enhancements, as well as developing new products. The company has key R&D and manufacturing facilities located in the US, the UK, Mexico, Japan, Germany, Sweden, and Malta. In FY2024, the company spent US$39.5 million on R&D, which as a percentage of revenue stood at 2.6%.