Quebec Energy Innovator UgoWork Recognized Among North America's Fastest-Growing Tech Companies
The Quebec-based company UgoWork, a leader in lithium-ion energy solutions for the material handling sector, has secured a prominent position on the Deloitte Technology Fast 500™ list for 2025. The company achieved an impressive 133rd overall ranking in North America, also placing among the top 15 companies in the Energy and Sustainability category.
Sustained Growth and Market Momentum
This prestigious recognition, announced on November 20, 2025, underscores UgoWork's significant and sustained growth trajectory over recent years. The award highlights the expanding market confidence in its technology from a rapidly growing customer base. Further cementing its status within its home country, UgoWork was also ranked 39th in Canada's Technology Fast 50™ program.
Philippe Beauchamp, President and CEO of UgoWork, stated that the recognition is particularly meaningful as it reflects the trust customers place in their team and solutions. He emphasized the company's ongoing commitment to elevating energy standards in material handling operations.
Strategic Expansion and Industry Impact
The company's progress is illustrated by consistent expansion, backed by long-standing customer relationships. A key strategic move supporting this growth is the development of a new assembly line in the United States. This investment strengthens UgoWork's ability to serve its customers with greater proximity and supports its broader growth strategy across the North American market.
Wolfe Tone, a leader at Deloitte, commented on the 2025 rankings, noting they highlight both enduring leadership and breakthrough momentum. He pointed out that the list demonstrates the staying power of established leaders alongside the accelerating growth of new innovators.
About the Deloitte Technology Fast 500™
Now in its 31st year, the Deloitte Technology Fast 500™ ranks the fastest-growing technology companies across North America. The award winners are selected based on their percentage fiscal year revenue growth from 2021 to 2024. Eligibility requires companies to have proprietary intellectual property, a minimum base-year operating revenue, and to have been in business for at least four years.
UgoWork's mission is to eliminate energy waste in the material handling industry by developing smart lithium-ion forklift batteries and charging infrastructure designed for demanding warehouse conditions.
