New Wave Media

November 18, 2020

Kraken Robotics Makes It to Deloitte's Technology Fast 50 List

Credit: Kraken

Credit: Kraken

Canadian subsea robotic and sensor company Kraken Robotics has made it to Deloitte's Technology Fast 50 list in Canada.

Technology Fast 50 is a program that celebrates the achievements and evolution of the Canadian technology sector.

Kraken, which last year launched a three-year project focused on the development of new marine technologies and products to enable an underwater data acquisition and analytics as a service business, ranked 36th on Deloitte's list.

According to the company, Kraken was one of only two Atlantic Canada companies that made the Top 50 list – and the only one from Newfoundland.

The Technology Fast 50 is a ranking of Canada’s 50 fastest-growing technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation, and according to the list, Kraken's revenue grew 568% for the period. See the full list here.

The company has also ranked 211th at Technology Fast 500 Rankings for North America, ranking 500 fastest-growing technology and life sciences companies in North America.

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