Ottawa, Canada – October 24, 2025 – Invest Ottawa is celebrating a collection of Ottawa-based technology companies being named to Deloitte’s 2025 Technology Fast 50™ program, including Ottawa-based defence and dual-use technology company H2 Analytics, which ranked 12th nationwide in the Companies-to-Watch category.

The Companies-to-Watch category recognizes emerging Canadian tech companies demonstrating exceptional revenue growth, innovation, and potential to become future category leaders.

Defence Innovation – Anchored in Canada’s Capital

H2 Analytics’ recognition reflects growing investor and market confidence in Canada’s defence and dual-use technology sector – a field experiencing rapid momentum as governments and organizations invest in resilient, intelligence-ready capabilities.

From Ottawa’s thriving defence innovation ecosystem, H2 Analytics continues to expand its work with the Department of National Defence, allied militaries, and global partners, integrating AI-enabled tools that enhance mission preparedness and decision-support systems.

“We are so proud of this remarkable achievement, and even prouder that H2 Analytics continues to grow, scale, and thrive right here in Canada’s Capital Region,” said Sonya Shorey, President and CEO, Invest Ottawa. “Their leadership and innovation exemplify the ingenuity, resilience, and mission-driven excellence that define Ottawa’s role and growing impact as a National Defence Innovation Hub, serving our country, Forces, and Allies. Together with our community and the clients we are honoured to serve, Invest Ottawa strives to help build a robust pipeline of homegrown firms with sovereign IP and solutions that strengthen Canada’s economy, defence capabilities, and dual-use innovation ecosystem. ”

Ottawa Companies Among Canada’s 2025 Technology Fast 50™ Honourees

This year’s Deloitte Technology Fast 50™ results underscore the depth, diversity, and innovation leadership of Ottawa’s technology community:

• TryCycle Data Systems, ranked #21 overall in the Technology Fast 50 category, recognized for its groundbreaking work as a digital health innovator and its data-driven care solutions.
• Fullscript, ranked #14 among Enterprise-Industry Leaders, honoured for its transformative role in health technology and its continued leadership as one of Canada’s most successful digital health companies.
• Fundmore, ranked #6 among Companies-to-Watch, recognized for its innovative mortgage automation platform, driving fintech advancement.
• H2 Analytics, ranked #12 among Companies-to-Watch, celebrated for its defence and dual-use technology leadership in training and decision-support systems.
• ZeroTek, ranked #13 among Companies-to-Watch provides software solutions to help managed service providers (MSPs) protect customer digital identity.

Together, these companies showcase Ottawa’s role as Canada’s leading tech hub, driving national competitiveness in AI, health, fintech, climate tech, and defence innovation.

About the Deloitte Technology Fast 50™ Program

The Technology Fast 50™ program is Canada’s pre-eminent technology awards program recognizing business growth, innovation, and entrepreneurship in three categories: Technology Fast 50, Enterprise-Industry Leaders, and Companies-to-Watch. The program also honours thriving technology companies in partnership with the North American Technology Fast 500™. For more information, visit www.fast50.ca.

About H2 Analytics

H2 Analytics specializes in training and situational awareness technologies for defence, security, and public safety organizations. Its flagship platform, the Exercise Architect Suite® (EASE), creates immersive environments that replicate real-world conditions to enhance readiness, adaptability, and decision-making. Learn more: www.h2analytics.ai.

About Invest Ottawa

Invest Ottawa is the lead economic development agency for knowledge-based industries in Canada’s Capital Region, facilitating economic growth and job creation in Ottawa. Guided by a vision to help realize Ottawa’s full potential as a globally recognized, innovative, inclusive, and future-ready city, Invest Ottawa delivers venture development, global expansion and talent programs and services that catalyze the growth and success of entrepreneurs and firms. These include small business training, mentorship, acceleration for technology firms, foreign business and investment attraction, local business retention and expansion in targeted sectors, commercialization and marketing Ottawa’s diversified economy and high quality of life. Invest Ottawa is also the manager of Bayview Yards, Ottawa’s innovation hub and one-stop business acceleration shop, and founder and operator of Area X.O, the R&D complex for next-gen smart mobility, autonomy, and connectivity technologies. Since 2017, Invest Ottawa has supported and delivered $3.7 billion in GDP impact, 29,343 jobs, and $622 million in government revenues.

Media Contact

Lindsey Fair
Vice President, Marketing and Bayview Impact
Invest Ottawa
[email protected]
613-857-7779