Hydra Energy Named Cleantech Emerging Rocket for 2021
Hydra Energy has been named an Emerging Rocket for 2021 on the 19th annual “Ready to Rocket” list put out by Rocket Builders. These lists profile British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers.
This year the lists feature 213 companies across 5 different technology sectors. The annual 2021 “Ready to Rocket” lists provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year. Rocket Builders also released results from its 2020 lists, with strong revenue growth across all sectors. As is typical with this list, companies profiled tend to attract investment, partnerships and even get acquired. Last year, more than half received investment.
“Over the 19 years of the program, the B.C. technology sector has steadily grown each year, and presents a growing challenge to select and identify the most likely to succeed for our Ready to Rocket lists.” said Geoffrey Hansen, Managing Partner at Rocket Builders. “In recent years, a startup economy has blossomed yielding a rich field of companies for our consideration, with over 600 companies reviewed to make our selections of 213 winners. Our Emerging Rocket lists enables us to profile those earlier stage companies that are well positioned for investment.”
“We identify companies that have proven their technology and are positioned well for growth. Our analysis of market trends led to our selection of Hydra Energy as an Emerging Rocket CleanTech company.” said Dave Thomas, Senior Partner, Rocket Builders.
The 2020 Ready to Rocket list for Cleantech performed extremely well. The majority of companies on the list had in excess of 50% growth, and the lists together created over 200 jobs in 2020. Four companies graduated (achieve >20M revenue or over $50 in investment) or were acquired. According to Dave Thomas, Senior Partner at Rocket Builders, “The Cleantech sector in B.C. continues to see growth despite the challenges presented by the pandemic. Investors are keen on the sector and are making large investments in post-demonstration technologies that are ready to scale.”
Hydra Energy is happy to have been named to this list once more, and extends congratulations to all the other Ready to Rocket and Emerging Rocket winners.
For details on the “Ready to Rocket” lists, please visit 2021 Ready to Rocket Lists
About Rocket Builders
Rocket Builders is a management consulting firm providing sales and marketing services. With a focus on helping technology companies to grow and prosper, Rocket Builders has a proven track record of success with its clients. Since 2000, we have been engaged in market research, market planning, business development initiatives, strategic selling, and product launches for over 500 organizations.
