Mercury 100 names Czero one of Northern Colorado’s fastest-growing companies

 

May 27, 2015

 

Mechanical engineering R&D firm Czero has been named to the 2015 Mercury 100 as one of Northern Colorado’s fastest-growing private companies. The firm specializes in providing services for early-stage product development for the renewable energy, oil and gas, clean technology and automotive industries.

The Mercury 100 list, presented by BizWest (formerly the Northern Colorado Business Report) and now in its sixteenth year, groups companies into five “flights” based on total revenue in the previous year. Czero ranked second among twenty Flight III companies that had revenues of $2.4 to $6.1 million in 2014.

“We’re tremendously grateful to our team, whose dedication, talent and hard work have made our success possible. We’re also grateful for the remarkable ecosystem of entrepreneurs and innovators in Northern Colorado and proud that our growth helps drive the local economy. Thanks to ongoing work with long-time clients, plus some exciting new R&D projects, we’re on track to double our revenue again in 2015.”—Guy Babbitt, CEO, Czero

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Recent Czero projects have included advanced R&D support for tier one automotive suppliers; collaboration with Brown University researchers developing new technology for harvesting tidal power in shallow waterways; and work for major oil and gas companies on next-generation hydraulic systems. Additionally, Czero has an ongoing collaboration with researchers and Oregon start-up Onboard Dynamics to develop a dual-function natural gas vehicle engine that compresses low-pressure gas for self refueling, a project funded in part by $4 million from the U.S. Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E) program.

Czero is also a 2015 finalist for the Colorado Companies to Watch awards, recognizing second-stage companies making a significant impact on the Colorado economy, which will be announced June 5.

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