GHGSat Named as Technology Pioneer by World Economic Forum

MONTREAL, July 2, 2019 (Newswire.com) - ​​GHGSat Inc, a small business that uses satellites to monitor emissions from industrial facilities, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers.”  GHGSat uses its satellite platforms to offer a wide range of emissions monitoring services to industrial operators in oil and gas, power generation, mining, agriculture and waste management.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

This year’s Tech Pioneers are emerging innovators from a diverse set of industries. These firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The focus areas of this year’s Tech Pioneers include: agtech, smart cities, cleantech, supply chain, manufacturing, cybersecurity, autonomous vehicles and drones. The full list of technology pioneers can be found here.

“We’re excited to welcome GHGSat to this year’s innovative class of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “GHGSat and its fellow pioneers are leaders in using novel technologies to transform their industries. We see great potential for these next generation companies to shape solutions to global challenges and improve society for years to come.”

“It’s a great honor to be selected as a Technology Pioneer by the World Economic Forum,” said GHGSat’s CEO, Stephane Germain. “The data generated from our satellites and the analytics applied to it will not only help industrial operators address their emissions more effectively, but also improve reporting to regulators and provide unique market intelligence. We enable industrial operators to better measure, control, and ultimately reduce emissions of GHGs.”

The Technology Pioneers were carefully chosen by a selection committee of more than 59 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers19

More information on past winners can be found here.

About GHGSat: GHGSat's vision is to become the global reference for remote sensing of greenhouse gas (GHG) and air quality gas emissions from industrial sites, using satellite and aircraft technology.

GHGSat's novel technology enables GHG and air quality gas measurement with better accuracy at a fraction of the cost of comparable alternatives. GHGSat analytics provide actionable insights and solutions based on this unique data. Owners of industrial facilities can monitor all their facilities, local or remote, anywhere in the world, with a common technology. Significantly improved emissions information enables industrial operators to better measure, control, and ultimately reduce emissions of GHGs and air quality gases.

To learn more about GHGSat, please visit www.ghgsat.com.

About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

Source: GHGSat Inc.