[Montreal, Canada] November 6, 2024 – GHGSat, the global leader in high-resolution satellite monitoring of greenhouse gas emissions, has been named a 2024 Foresight 50 honouree by Foresight Canada, in recognition of the company’s cutting-edge climate solutions and impactful business thesis. This honour comes after GHGSat recently earned the number one ranking in the Clean Technology category of Deloitte Technology’s Fast 50 Canada awards, which recognizes Canada’s fastest-growing tech companies.
The Foresight 50 list, now in its fourth year, highlights Canada’s 50 most investible cleantech ventures and showcases innovative companies gaining international acclaim for their pioneering climate solutions. Honourees are selected through an open nomination process and evaluated by an independent jury on the strength of their technology and their business case.
“We are thrilled to be recognized as a Foresight 50 honouree, particularly as we continue to charge towards our plan of measuring greenhouse gas emissions from every industrial site around the world, every day,” said GHGSat Founder and CEO Stephane Germain. “The alignment of technological innovation and capital investment is essential to advancing critical climate solutions, and GHGSat is proud to be advancing this movement.”
GHGSat is the global leader in greenhouse gas emissions intelligence, offering the most extensive coverage and frequent measurements, with unprecedented accuracy. Since the company’s inception in 2011, GHGSat has raised more than US$126 million and has expanded its cutting-edge satellite constellation to 12, including the world’s first commercial CO2-detecting satellite. GHGSat is relentlessly committed to driving meaningful change and innovation in emissions monitoring and reduction worldwide. To date since beginning operations, GHGSat’s satellite constellation has enabled the mitigation of emissions equivalent to taking 3.4 million cars off the road for a year.
The full 2024 Foresight 50 list is now live and can be found here.
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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.