Ottawa Excels in Deloitte’s 2025 Technology Fast 50™, with H2 Analytics and Local Innovators Receiving National Honors

On October 24, 2025, Invest Ottawa celebrated the recognition of several Ottawa-based technology companies in Deloitte’s 2025 Technology Fast 50™ program, notably highlighting H2 Analytics, a defense and dual-use technology firm, which ranked 12th in the Companies-to-Watch category. This award acknowledges emerging Canadian tech companies that exhibit exceptional revenue growth, innovation, and significant potential to become future leaders in their respective fields.

H2 Analytics’ recognition signifies a burgeoning confidence among investors and markets in Canada's defense and dual-use technology sector, which is gaining momentum as governments and organizations increasingly invest in resilient, intelligence-ready capabilities. The company has been actively collaborating with the Department of National Defence, allied militaries, and global partners, utilizing AI-enhanced tools that improve mission preparedness and decision-support systems.

Sonya Shorey, President and CEO of Invest Ottawa, expressed pride in H2 Analytics’ achievements and underscored the importance of such innovations in solidifying Ottawa's reputation as a key hub for national defense innovation. Shorey emphasized the agency's commitment to fostering a strong pipeline of domestic firms with sovereign intellectual property (IP) and solutions, ultimately strengthening Canada’s economy and defense capabilities.

This year’s Deloitte Technology Fast 50™ results underscore the diversity and innovative leadership of Ottawa’s tech community. Alongside H2 Analytics, several other notable companies were recognized: TryCycle Data Systems, ranked 21st, for its work in digital mental health; Fullscript, ranked 14th among Enterprise-Industry Leaders, for its transformative contributions to health technology; Fundmore, ranked 6th among Companies-to-Watch, for its mortgage automation platform; and Zerotek, ranked 13th among Companies-to-Watch, for its climate technology innovations. Together, these firms illustrate Ottawa's vital role as a leading tech hub in Canada, enhancing national competitiveness across sectors such as AI, healthcare, fintech, climate tech, and defense.

The Deloitte Technology Fast 50™ program is recognized as Canada's premier technology awards initiative, celebrating business growth, innovation, and entrepreneurship across various categories: Technology Fast 50, Enterprise-Industry Leaders, and Companies-to-Watch. This program further extends its recognition to flourishing technology enterprises in collaboration with the North American Technology Fast 500™.

H2 Analytics specializes in creating training and situational awareness technologies for defense, security, and public safety, with its flagship platform, the Exercise Architect Suite® (EASE), designed to replicate real-world conditions, thus enhancing readiness and decision-making capabilities.

Invest Ottawa serves as the leading economic development agency for knowledge-based industries in Canada's Capital Region, focusing on catalyzing economic growth and job creation. Its vision is to establish Ottawa as a globally acknowledged, innovative, and inclusive city. Invest Ottawa delivers services aimed at fostering entrepreneurial success, including small business training, mentorship, technology firm acceleration, and investment attraction. The agency manages Bayview Yards, Ottawa’s innovation hub for business acceleration, and Area X.O, focusing on research and development in smart mobility and connectivity technologies. Since its inception in 2017, Invest Ottawa has had a significant impact, contributing $3.7 billion to GDP, creating 29,343 jobs, and generating $622 million in government revenues.

In summary, the recognition of H2 Analytics and other Ottawa-based tech firms in the Deloitte Fast 50™ highlights the city’s integral role in building innovative solutions within the defense sector and beyond, reinforcing investor confidence and showcasing the city’s technological prowess.