What Qube Technologies does

Qube Technologies is a Calgary-based environmental technology company founded in 2018 that develops IoT-enabled continuous emissions monitoring systems for oil and gas, biogas/RNG, waste management, utilities, and mining operators. The company's core product, the Qube Platform, integrates field-deployed hardware devices (Qube Axon, Qube Lite, Qube Camera, Qube Fenceline) with cloud-based analytics and a web dashboard to detect, quantify, and localize methane, VOC, H2S, and other gas emissions on a 24/7 basis. Underlying detection uses physics-guided machine learning paired with inverse dispersion modeling and wind analysis, supported by a patent-pending auto-baselining algorithm that maintains sensor accuracy over two-year operational periods without human intervention.

Qube operates a hybrid hardware-plus-software revenue model: customers purchase or lease the field hardware and subscribe to the Qube Platform analytics layer, with API integration into enterprise reporting systems. Go-to-market is enterprise field sales targeting upstream, midstream, and LNG operators in North America, with channel-led expansion into Australia and New Zealand through MPC Kinetic. The company claims 100+ operator customers and 5,000+ installations across every major U.S. basin, plus Canadian provinces and select international markets, and has received regulatory approvals in Alberta (alt-FEMP), New Mexico (ALARM), and from the U.S. EPA as the first continuous monitoring Alternative Test Method under NSPS OOOOb/c and OOOOa.

The business is venture-backed through Series A (SCF Ventures, November 2021) and Series B (Riverbend Energy Group 2023; TC Energy, NGIF Cleantech Ventures, Bain Future Back Ventures, 2024) financing, with a follow-on corporate round led by TC Energy in February 2026. Operating geographies include Calgary (global HQ), Houston (U.S. HQ), and Midland, Texas. The customer base is concentrated in oil and gas, with named enterprise accounts including ConocoPhillips, ARC Resources, Birch Resources, Caerus Oil and Gas, Kiwetinohk Energy, Enhance Energy, Tourmaline Oil Corp, Cheniere Energy, Roeslein Alternative Energy, and Maas Energy Works. Qube has positioned itself as a regulatory-grade alternative to traditional Optical Gas Imaging surveys, claiming up to 80% cost reduction and 90%+ fugitive emissions reduction in deployed LDAR programs.

Name

Qube Technologies

Legal name

Qube Technologies, Inc.

Website

https://qubeiot.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

Qube Technologies builds IoT hardware and cloud analytics for continuous methane and greenhouse gas emissions monitoring at oil and gas, biogas, waste management, and utilities facilities, serving over 100 enterprise operators across North America and Australia with EPA-approved continuous monitoring technology.

Ownership category

akta.pro rank

Product category

Continuous Emissions Monitoring

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Fugitive Emissions & Leak Detection (LDAR, OGI, Methane) (EUAHADAB)

akta.pro secondary industries

Continuous Emissions Monitoring Systems (CEMS) & Stack Testing (EUAHADAA), Advanced Leak Quantification & Emissions Measurement (Methane Quantification/OGI/Flux) (EUAJADAK), Continuous/Remote Monitoring Systems (IoT Sensors, Telemetry, Networks) (EUAHACAL)

Keywords

• Continuous emissions monitoring
• Methane leak detection
• Industrial IoT sensors
• Emissions analytics platform
• LDAR compliance

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Hardware and Software Monitoring Solution: Qube sells continuous emissions monitoring hardware (Axon devices) combined with cloud-based analytics platform and web dashboard subscription. The system is deployed at oil and gas facilities for 24/7 methane and gas monitoring.
2. Software as a Service (SaaS) Platform: Cloud-based analytics platform with real-time monitoring, custom alarms, emission source mapping and trend analysis, API integration for seamless reporting. Customers access the platform on subscription basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Qube Technologies designs and sells field-deployed IoT monitoring devices (Axon, Lite, Camera, Fenceline) paired with a cloud-based analytics platform that uses physics-guided machine learning to continuously detect, measure, localize, and quantify methane and other gas emissions at oil and gas, biogas, waste management, utilities, and mining facilities. The offering is delivered as a hardware-plus-subscription continuous emissions monitoring solution for 24/7 leak detection and regulatory compliance.

Product overview

Qube Technologies offers a continuous emissions monitoring platform (Qube Platform) that combines hardware devices with cloud-based analytics to help industrial operators detect, measure, and reduce methane and other gas emissions. The product portfolio includes Qube Axon (the primary field-deployed monitoring device), Qube Lite (intrinsically safe near-source sensor), Qube Camera (visual confirmation imaging), and Qube Fenceline (perimeter monitoring system). These hardware devices integrate with the Qube Platform's analytics dashboard to deliver real-time monitoring, automated leak detection alerts, source localization, and regulatory-compliant reporting across oil and gas, biogas, waste management, and utilities industries.

Differentiator

Problem solved

Functional benefit

Brands

• Qube Platform: Cloud-based analytics platform and web-based user dashboard for continuous emissions monitoring
• Qube Axon
• Qube Lite
• Qube Camera
• Qube Fenceline

Products and services

• Qube Platform

Quantifiable outcome

• Save up to 80% compared to conventional OGI survey solutions
• +8 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Scale indicators8 records

Recent moves8 records

Expansion highlights7 records

Emerging players

• Satelytics: Satelytics provides satellite and aerial methane and emissions monitoring analytics for energy, mining, and environmental customers. Comparable as an emerging player in methane detection with overlap in O&G use cases, though delivered via satellite/aerial remote sensing rather than ground IoT sensors.

Direct peers

• Boreal Laser: Boreal Laser manufactures tunable diode laser-based gas detection instruments, including open-path and point sensors for methane detection in oil & gas. Comparable to Qube in the underlying laser-sensor technology and continuous monitoring market, with overlap in O&G and pipeline leak detection customers.
• SeekOps: SeekOps develops ground-based continuous methane detection sensors and drone-based quantification for oil & gas operators. Directly comparable to Qube in product category (continuous methane monitoring), target customer (O&G operators), and use case (LDAR replacement, super-emitter response).
• Aeris Technologies: Aeris Technologies builds laser-based gas imaging and continuous monitoring sensors for methane and other hydrocarbons. Comparable to Qube in the underlying tunable diode laser sensing technology stack and oil & gas methane detection use case.
• Capterio: Capterio is a methane emissions measurement and mitigation specialist focused on oil & gas value-chain fugitive emissions. Comparable to Qube in methane MRV focus, O&G customer base, and regulatory-driven compliance use cases.
• GHGSat: GHGSat operates a satellite constellation providing high-resolution methane detection and quantification for oil & gas, mining, and waste management operators. Directly comparable to Qube as a methane-monitoring peer with overlapping end customers, though complementary in delivery modality (satellite vs. ground IoT).
• Project Canary: Project Canary provides continuous emissions and environmental monitoring, including methane sensors and an analytics platform, plus certification for responsibly sourced gas. Directly comparable to Qube in customer base (O&G operators), continuous monitoring offering, and ESG/compliance positioning.
• Highwood Emissions Management: Highwood Emissions Management is a Calgary-based continuous methane monitoring company serving upstream oil & gas operators in Alberta and beyond. Closely comparable to Qube in product, regulatory environment (Alberta Directive 060), and customer profile.

Broad incumbents

• Honeywell: Honeywell's Process Solutions business sells industrial gas detection, fixed monitoring, and emissions-management solutions to oil & gas and petrochemical operators. Comparable as a broad incumbent with overlapping gas-detection and continuous monitoring capabilities and a global installed base.
• SLB (Schlumberger): SLB is a global oilfield services giant offering digital, drilling, and emissions-management solutions to the same upstream O&G customers Qube serves. Comparable as a broad incumbent with overlapping ESG/emissions offerings and deep enterprise sales relationships, but with a much wider product portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@qubetechnologies
• LinkedInlinkedin.com/company/qubeiot
• Xx.com/QubeIoT

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qube Technologies