[Montreal, Canada] November 6, 2024 – GHGSat, the global leader in high-resolution satellite monitoring of greenhouse gas emissions, has been ranked second in the Clean Technology category of Deloitte Canada’s 2024 Technology Fast 50™ Program, recognizing the organization as one of the fastest-growing climate technology companies in Canada.
To determine inclusion in the list, the Fast 50 program assesses revenue growth across a four-year period. This marks the second consecutive year in which GHGSat claimed a spot in the Clean Technology category.
“The rapid growth acknowledged by this award is driven by the soaring global demand for GHGSat’s targeted emissions data and insights,” said Stephane Germain, Founder and CEO of GHGSat. “This award is a testament to the hard work of GHGSat’s team, which first pioneered the groundbreaking satellite technology to trace emissions to individual facilities, and today works tirelessly to ensure data from our constellation drives climate action around the world, meeting the urgent need from industry and government partners worldwide.”
GHGSat launched its first satellite in 2016, and its rapidly growing satellite constellation is currently comprised of ten operational satellites dedicated to monitoring methane emissions. With a revenue growth rate of 3,436%, GHGSat continues to rapidly scale its capabilities toward its bold mission to monitor every industrial facility globally, every day. In 2023 alone, GHGSat’s satellite constellation made more than three million observations.
The Technology Fast 50™ program acknowledges the world-class achievements of the leading Canadian technology companies, celebrating innovation, rapid revenue growth, and entrepreneurial spirit. Launched in 2022, the Clean Technology category ranks Canada’s leading innovators that generate the majority of their revenue from products or services that positively impact the environment.
The 2024 Deloitte Technology Fast 50™ winners list is now available online here.
Media Contact : Alison Boyer, [email protected]
About GHGSat
GHGSat uses its own satellites and aircraft sensors to measure greenhouse gas emissions directly from industrial sites, providing actionable insights to businesses, governments, and regulators. With proprietary remote-sensing and patented technology, GHGSat enables strategic decision-making through monitoring and analytics services, with better accuracy, more frequently, and at a fraction of the cost of other technologies. GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.
