GHGSAT : Two-time Winner of the 41st edition of Les Mercuriades contest from FCCQ

Montreal, Thursday April 29- GHGSat, a leader in the detection of global gas emissions, is proud to be a two-time winner of the 41st edition of Les Mercuriades contest, organized by the Chambre of Commerce Federation of Quebec (FCCQ), the most important business network in the province. The Montreal business won the prestigious Mecure prize, in the category of Technological Innovation, presented by TELUS for its technology, enabling the acquisition and distribution of high-resolution data in the detection of global gas emissions and in the category Company of the Year, presented by Hydro-Quebec, for its exceptional performance throughout this year.

Having won the Mercure in the Start-Up category in 2018, GHGSat is extremely proud of this accomplishment, marking the evolution of its activities over the last three (3) years. The path of the business since the 38th edition of the contest cannot be neglected. In fact, since 2018, GHGSat was able to reply on learnings from its demonstration satellite in the development of two other satellites, equipped with a significantly improved performance. GHGSat makes the data collected by these satellites available to operators, governments, and regulators to help them better understand their emissions so they can act and adopt necessary measures in reducing them.

It is with this same mission in the fight against climate change, paired with continuous tenacity and hard work, that GHGSat launched Pulse in 2020, a world map of methane concentrations in high-resolution available today. This public interactive map represents not only an extraordinary success for a young business like GHGSat but a major tool contributing to the debate around the subject of methane emissions, which Canada is committed to reducing from 40 to 45 % by the year 2025.  Pulse now has 12 months of methane concentration data that can be freely visualized, offering a precise and independent vision of methane emissions worldwide.

“It is an incredible honor for the entire team to receive this award”, says Stephane Germain, President of GHGSat. “We would like to thank the FCCQ for their decision, rewarding our long-term work. Motivated by a constant desire to protect the earth from space, each member of the GHGSat team works with passion and dedication, and it’s a pleasure to see this work recognized today.”

The 41st edition of Les Mercuriades contest, as in previous editions, pays tribute to the merits and successes of businesses, whom thanks to their innovation and agility, contribute to the development of Quebec. Having worked body and soul to deserve a place in the front rows as a key provider of reliable satellite data on global gas emissions, GHGSat is extremely proud to be awarded this prize and to be able to continue its incredible momentum.