Solace Power among top 50 to watch
Newfoundland-based wireless power company is the only Atlantic Canadian firm selected for the 2017 Deloitte Technology Fast 50 Awards
Solace Power, Mount Pearl NL, has received Deloitte’s Companies-to-Watch award, which recognizes early-stage technology companies with strong growth and potential to be a future Technology Fast 50 candidate. Solace is the only company in Atlantic Canada to earn a position in the technology ranking.
Deloitte’s Technology Fast 50 program recognizes the 50 fastest growing Canadian technology companies with the highest percentage revenue growth.
“We are honoured to have Solace’s rapid growth, innovative RC² technology and team recognized with this distinction,” says Solace Power’s CEO, Michael Gotlieb. “We are honing our differentiated wireless power solutions to meet the needs of customers who are implementing power delivery in non-traditional environments. Solace’s advantage of safely transferring power for a broader range of power levels without heating metal, does so across more usable distances and infinite mating cycles. This means RC² should be on the radar of every serious power management engineer,” he added.
According to Deloitte, Companies-to-Watch winners are a class of companies that possess effective management experience and superior technology. They must also be headquartered in Canada and devote a significant portion of their operating revenues to creating proprietary technology or intellectual property. Recipients exemplify common traits of Deloitte Technology Fast 50 award winners.
“Companies-to-Watch winners deserve recognition for their early achievements and future potential,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50 program at Deloitte Canada. “They demonstrate courage to take calculated risks. These outstanding companies are key to the future success of the technology sector.”
About Solace Power
Solace Power is a wireless power company that develops a broad range of systems and licenses its patented Resonant Capacitive Coupling™ (RC²) technology for the UAV, Aerospace and Defense, Business/Office Systems, Medical Device and Automotive markets. RC² uses electric fields, which enable a high degree of spatial freedom with flexible and conformal end product design. Solace Power has won numerous awards, including the Sikorsky Entrepreneurial Challenge and the ACADA Innovation Leader Award. www.solace.ca