DarkVision Ranked Among Fastest Growing Companies in Canada by Deloitte 2nd Year in a Row

DarkVision Technologies announced as one of
Deloitte’s Technology Fast 50™ program winners for 2023

North Vancouver, November 8, 2023 — For the second year in a row DarkVision Technologies Inc. received recognition as part of the 2023 Deloitte Technology Fast 50™ awards program for its rapid revenue growth, entrepreneurial spirit, and bold innovation.

Celebrating its 26^th anniversary, the program recognizes Canada’s 50 fastest-growing technology companies based on the highest revenue-growth percentage over the past four years. DarkVision has ranked among the top 50 with a 374% percent in revenue growth from 2019 to 2022.

Deloitte’s Technology Fast 50 program winners consist of public and private companies in the technology sector that are transforming the industry.

DarkVision’s CEO Stephen Robinson continues to credit a winning combination of talent, technology, and strategic business approaches for DarkVision’s rapid growth.

“We develop products that are highly technologically differentiated. This allows us to deliver groundbreaking results, and exceptional value to our customers,” Robinson said. “We embrace challenging the limits of what is conventionally considered possible, to create results no one else can achieve.”

“It’s inspiring how this year’s exceptional cohort of Technology Fast 50 winners have delivered outstanding revenue growth even in the face of prevailing uncertainties in the economy and marketplace,” commented Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “Fueled by exemplary innovation, creativity, resilience, adaptability, along with superior business leadership, these companies are paving the way as catalysts in their respective sectors and delivering growth and value to the Canadian economy both at home and beyond.”

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have a minimum revenue of $50,000 in 2019 and $5 million in 2022, be headquartered in Canada, own proprietary technology, conduct research, and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.

About the Deloitte Technology Fast 50™ program

The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating its 26th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise—Industry leaders, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2023 program sponsors include Deloitte, RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For further information, visit www.fast50.ca.

About DarkVision

DarkVision Technologies Inc. is a BC-based tech company that has been disrupting the industrial imaging market since 2013. DarkVision’s rapidly growing team of experts from machine vision, medical imaging, aerospace design, and computer graphics have come together to revolutionize how industry quantifies and visualizes the integrity of critical assets. They have created the world’s most advanced acoustic-based imaging platform and are packaging it into multiple new product lines.

DarkVision’s first product line for tubular infrastructure inspection has been highly disruptive to the market; it has won multiple industry awards, been featured in top industry publications, and generated significant revenue in the process. They are now scaling the technology to multiple industrial verticals and building a platform that will become the dominant player in the asset integrity game.

DarkVision’s proprietary technology captures the world’s largest ultrasound datasets by orders of magnitude. To do this, DarkVision innovates across the entire hardware and software tech stack and must design, build, and sell the entire solution themselves. Their teams specialize in large sensor arrays, specialized electronics, advanced ultrasound imaging techniques, 3D visualizations, and machine learning based analytics software. DarkVision’s staff of Mechanical Engineers, Electrical Engineers, Software Engineers, Machine Learning Engineers, and Research Scientists develop cutting-edge technology that blend science with real-world applications.

DarkVision has more than doubled their headcount in the last year and is continuing to scale to meet the demand for its current and upcoming products. Positions are open in Norway and Saudi Arabia, as part of their international expansion, and in Vancouver, Calgary, California, Houston, and Midland, Texas. To accommodate their rapid expansion, DarkVision opened new 52,000 sq ft head office facility in North Vancouver last year.