LumIR Lasers Ranks 34th on The Globe and Mail’s Ranking of Canada's Top Growing Companies
Over the 2022–2025 period, LumIR Lasers recorded an exceptional growth rate of 1026%
14 October 2026
QUÉBEC CITY, QUÉBEC – September 25, 2026 – LumIR Lasers is pleased to announce that it has ranked 34th on the 2026 ranking of Canada's Top Growing Companies by The Globe and Mail’s Report on Business magazine.
This ranking evaluates three-year revenue growth. Over the 2022–2025 period, LumIR Lasers recorded an exceptional growth rate of 1026%. The company particularly shines in the Technology and Telecommunications category, securing 8th place nationwide and proudly reaching 2nd place in Québec. Across all categories combined, it ranks 3rd in the province and 1st in Québec City. This marks the third consecutive year that LumIR Lasers has stood out in this ranking.
"This 1026% growth reflects the disruptive impact of our mid-infrared fiber lasers," states Louis-Philippe Pleau, President of LumIR Lasers. "The physical and engineering properties of fiber lasers enable levels of precision and reliability unmatched in the industry, and our company is the first to enable volume use of this technology in the mid-infrared spectrum. Our flagship product, the Lumir 2800, is generating significant enthusiasm in medical fields, particularly aesthetic dermatology, thanks to its 2910 nm wavelength, which is strongly absorbed by biological tissue and provides precise control over clinical effects."
Launched in 2019, this editorial ranking celebrates the achievements of innovative businesses. This year, 376 companies are featured.
"Our annual ranking celebrates the innovation, ambition, and resilience of businesses from across the country," emphasizes Dawn Calleja, Editor-in-Chief of Report on Business magazine.
For his part, Andrew Saunders, President and CEO of The Globe and Mail, adds: "The Globe and Mail congratulates the winners on this exceptional achievement, which reflects the ingenuity and determination of Canadian entrepreneurs."
About LumIR Lasers Inc. LumIR Lasers is an innovative company specializing in the design and manufacturing of fiber laser sources emitting in the mid-infrared (mid-IR) spectrum. Internationally recognized for innovations such as the Lumir 2800 (2910 nm), the company provides OEM solutions offering exceptional beam quality and precise energy control. These technologies drive innovation across the medical, industrial, scientific research, and defense sectors.