VORAGO Technologies Honored on Deloitte Technology Fast 500™ 2023 List

Austin-Based Startup Among a Niche Group of Hardware & Semiconductor Companies on a List Dominated by Software and Services
AUSTIN, Texas - Nov. 8, 2023 - PRLog -- Deloitte has named VORAGO Technologies (https://www.voragotech.com/) to its North America Technology Fast 500™ list for 2023. The Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies—both public and private—in North America.

VORAGO Technologies is the only pure-play rad-hard Arm® company, providing radiation hardened components (https://www.voragotech.com/products-main) for extreme environments. VORAGO's customers include many of the premier names in the aerospace and defense sector. In 2023, the company expanded its team into Europe to better serve its global customer base as its rapid growth continues worldwide.

"We are honored to be named to the Deloitte Technology Fast 500 list and proud to be a part of this prestigious group of innovative, fast-growing technology companies," said Bernd Lienhard, CEO of VORAGO Technologies. "VORAGO has been on a tremendous growth trajectory over the past few years as we serve a growing need for rad hard MCUs to support both government and commercial space missions. We are excited to continue this path as we develop innovative new products and expand our global reach."

Hardware & Semiconductor category represents only 4% of the 2023 list.

"Each year, we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy," said Paul Silverglate (https://www2.deloitte.com/us/en/profiles/psilverglate.html), vice chair, Deloitte LLP and U.S. technology sector leader. "While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success."

Complete results of the Deloitte Technology Fast 500, including an interactive database that can be sorted by industry, region, and other criteria, can be found at https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html.

About VORAGO Technologies

over 15 years, VORAGO has led the industry in providing radiation hardened components and extreme-temperature solutions for Aerospace, Defense and Industrial projects around the globe. VORAGO's patented HARDSIL® technology uses cost-effective, high-volume manufacturing to harden any commercially designed semiconductor component for extreme environment operations, and our custom firmware solutions support the most demanding Aerospace, Defense and Industrial applications. VORAGO is a privately held company based in Austin, Texas. Learn more at www.voragotech.com

About the Deloitte Technology Fast 500 Methodology

Technology Fast 500 award winners for 2022 are selected based on percentage fiscal year revenue growth during the period from 2018 to 2021. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology, which must be sold to customers in products or services that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least US$50,000 and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 website and public company database research conducted by Deloitte LLP.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms. Copyright © 2022 Deloitte Development LLC. All rights reserved.

Hadley Hempel, VP of Marketing, VORAGO Technologies
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