Montreal-based emissions monitoring company among top-ranked in the Space category.
Montreal, Canada – GHGSat has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021.
The list honors companies that did more than survive in the last year, they thrived — making an impact on their industries and culture. GHGSat ranked top in this year’s MIC list, which features 463 businesses from 29 countries.
Stephane Germain, CEO of GHGSat: “This recognition reflects the hard work of our innovative and passionate team, a team striving towards a common goal: to have a significant impact on climate change.”
Today, GHGSat is the only Quebec Fast Company honoree renowned as a player in the field of “new space”, i.e., the exploitation of data from space. GHGSat has earned its place at the forefront of the fight against climate change, as a key supplier of reliable data and insights on greenhouse gas emissions.
GHGSat launched its first high-resolution commercial satellite “Iris” in September of 2020. Less than 5 months later, GHGSat’s second commercial satellite, “Hugo”, was also launched. Each satellite is equipped with a state-of-the-art sensor that detects methane emissions from sources 100 times smaller than some satellites and can attribute emissions sources with 100 times higher precision than other commercial or state-funded satellites.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“In a year of unprecedented challenges, the companies on this list exhibit fearlessness, ingenuity, and creativity in the face of crisis,” said Fast Company Deputy Editor David Lidsky, who oversaw the issue with Senior Editor Amy Farley.
Fast Company’s Most Innovative Companies issue (March/April 2021) is now available online and on newsstands beginning March 16, 2021.