NuCurrent Touts a Revenue Growth Rate of 986%
CHICAGO, November 8, 2023 — NuCurrent, the global authority in wireless power technology, today announced it ranked 146 on the Deloitte 2023 Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America.
Over the past year, NuCurrent has brought several products to mass production with customer Poly | HP; welcomed seasoned IP licensing expert Jared Smith as Chief Commercial Officer; and expanded its patent portfolio by an average US portfolio growth rate of 35% the last three years.
Jacob Babock, CEO of NuCurrent, shared, “Earning a spot in the Deloitte Technology Fast 500 is a significant accomplishment for our team, especially since its notoriously difficult to build critical mass of revenue and pioneer licensees in technology licensing businesses. Our persistent efforts in advancing wireless power solutions stem from our commitment to addressing today’s electronic challenges and shaping a sustainable future. This award not only acknowledges our technological progress but also motivates us to steadfastly pursue our mission of powerfully transforming devices and how people experience them.”
NuCurrent’s recognition in the Deloitte Technology Fast 500 Awards underscores its consistent growth and dedication to delivering pragmatic, sustainable solutions in wireless power and data. This accolade follows the company being named a Most Innovative Company by Fast Co. earlier this year.
