Ideon Technologies Amongst North America’s 500 Fastest-Growing Tech Companies

VANCOUVER, British Columbia--(BUSINESS WIRE)--Ideon Technologies, the global leader in subsurface intelligence, has ranked 101 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Ideon Technologies grew 938% during this period.

Ideon Co-Founder and CEO Gary Agnew attributes this growth to his team’s skill at converting advanced scientific break-throughs into practical solutions for customers facing real-world challenges. “We have expanded a unique technology into a platform that brings tangible benefits to the global mining sector,” he said. “It cuts down the risk and cost of traditional practices, saving time, boosting returns, and reducing environmental impact.” He added that strong execution from a multidisciplinary team, forward-thinking customers, and the growing need for critical minerals worldwide have all combined to fuel the company's expansion.

“This year’s rankings highlight both enduring leadership and breakthrough momentum,” said Wolfe Tone, US Deloitte Private & Emerging Client Portfolio leader and partner, Deloitte Tax LLP. “More than half of the winners are prior honorees, yet the majority of the top ten are first-time entrants — demonstrating the staying power of established leaders alongside the accelerating growth of new innovators across key sectors. As in previous years, private companies continue to dominate, underscoring the agility that private enterprises bring to competitive markets, enabling the exceptional triple and quadruple digit growth reflected in these rankings.”

Ideon Technologies uses the energy from supernova explosions to image deep beneath the Earth's surface. Ideon is the global leader in subsurface intelligence, pioneering the development and adoption of cosmic-ray muon tomography for industrial markets. By transforming geophysical data into reliable multi-dimensional models of the subsurface, Ideon helps geologists identify, map, characterize, and monitor geological features with confidence. This reduces risk and cost of traditional methods, while saving time, optimizing return, and minimizing environmental impact across the mining value chain. In turn, this is helping accelerate the world's transition to low-impact mining and transform how companies find the critical minerals required to power the global shift to clean energy – improving peoples’ lives and enhancing economic prosperity.

About the Technology Fast 500 program

Now in its 31st year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2021 to 2024. To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that significantly contributes to the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million, with a growth rate of 50% or greater. Additionally, companies must be in business for a minimum of four years and be headquartered within North America (United States and Canada).