|
News staff writer
October 11,
2006
BINGEN — Insitu, Inc. a pioneer developer of long-range,
unmanned, autonomous aircraft, has taken first place in
Deloitte’s prestigious Technology Fast 50 Program for the
Pacific Northwest, a ranking of the 50 fastest growing
technology, media, telecommunications and life sciences
companies in Washington, Oregon and Idaho by Deloitte & Touche
USA. Rankings are based on the percentage of revenue growth from
2001–2005.
Dr. Steven M. Sliwa, Insitu’s President and CEO, lauded his
company’s 9,140.19 percent revenue growth rate from 2001-2005.
He credited Insitu’s success to an ability to provide innovative
design solutions to complex problems, as well as to a market gap
in Intelligence, Surveillance and Reconnaissance (ISR).
Insitu’s unique teaming agreement with Boeing provided it with
the scale it needed to work with the Department of Defense.
“We are humbled that by simply putting our full focus on our
customers and their unique needs, we have been able to achieve
this remarkable revenue growth,” Sliwa stated. “Through agility,
the outstanding people who work at Insitu and our arrangement
with The Boeing Company, we have had a tremendous five-year run.
More importantly, our products are able to save the lives of
American and Allied troops who are in harm’s way. That latter
fact provides all of us at Insitu the greatest possible
satisfaction.”
Deloitte’s Larry Hile said, “We applaud the successes of Insitu
and acknowledge it as one of the very few to accomplish such a
fast growth rate through the past five years.” |
