Javelin Technologies named one of the fastest growing companies in Canada for second year in a row
Javelin’s co-managing director says customer successes continue to drive growth
Canadian Business and PROFIT have named Javelin Technologies, specialists in 3D design and 3D printing, as one of the Fastest-Growing Information Technology Companies on the PROFIT 500 list. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Javelin’s co-managing director, John Carlan, was quick to shift the attention to Javelin’s customers, saying it’s their wins over the last two years, using the products and services Javelin provides, that are “remarkable and inspiring.”
“We have customers in every sector all across Canada and they are designing and manufacturing some of the most advanced products in the industries they serve. They are the real difference makers.”
Javelin customers achieving success
In Alberta, Javelin customer InFocus Energy Services started with a single prototype developed in SOLIDWORKS 3D CAD (computer aided design) software and transformed the completions process for oil wells. The company’s first tool, called the HYDRATM (HYDRaulically Activated shoe), was successfully field-tested in June 2016. Since then, InFocus has deployed more than 55 HYDRAs around the world, seen financial growth of more than 1,000%, and grown its staff by 600%.
Crane manufacturer O’Brien Lifting Solutions, based in Burlington, Ontario, worked with Javelin to build a new quoting system using Driveworks configure-price-quote (CPQ) software, which allowed them to reduce quoting time from days to minutes and expand their dealer network from 10 to nearly 100.
Unlimited Design in Burnaby, British Columbia, is a leading prop builder in the film and television industry in Vancouver. Their designers work almost non-stop to keep up with demand and have become highly respected for their design and expert finishing of 3D-printed pieces made in house. Their continued investment in emerging technology, with partners like Javelin, allows them to stay on the cutting edge in their industry.
Breakthrough products and a new location coming
“Javelin is growing fast while staying closely connected to our customers,” Carlan said. “And we will continue traveling down that same road. We’ve just announced that our additive manufacturing offerings will include two new systems for printing in metal – one is the first affordable metal 3D printing system safe to operate in any office and the other can be used to mass produce parts on the shop floor.”
The office-friendly Desktop Metal Studio System, designed for rapid prototyping and low volume production, includes the printer, debinder, and furnace. The Production System is the first metal 3D printing system for mass production of metal parts, delivering the speed, accuracy, and per-part cost needed to compete with traditional manufacturing.
Carlan also reports that Javelin will soon announce more details about an expanding presence in Kitchener-Waterloo, Ontario, a region well known for its tech companies and already teeming with Javelin customers. Javelin will set up a location at Catalyst137, a new maker space that will serve as an Internet of Things (IoT) manufacturing centre and development lab. With 475,000 square feet at 137 Glasgow Street in Kitchener’s Innovation District, Catalyst137 will be the largest IoT innovation centre in the world.
The new office in Kitchener will add to Javelin’s existing locations in Vancouver; Calgary; Edmonton; Winnipeg; Oakville; and Dartmouth. In Kitchener, just as they do in other locations across Canada, Javelin will provide training in SOLIDWORKS, as well as in their other software and hardware solutions, to help their neighbours in Catalyst137 and the entire region make the best use of design and testing tools.
Deborah Aarts is the PROFIT 500 program manager. She said it’s never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet.
“This year’s winners demonstrate the resilience, innovation, and sheer management smarts it takes to build a thriving business today. Canada − and the world − needs more entrepreneurial success stories like these.”
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