Following a statewide search to identify Maryland’s most innovative start-up companies with the potential to be the state’s next major business success story, Governor Larry Hogan today announced Maryland’s Future 20.
The Maryland Future 20 is part of Innovation Uncovered, an ongoing initiative by the Maryland Department of Commerce to highlight the state’s talented innovators, entrepreneurs, and growing small businesses. The search for the Future 20 garnered 125 nominations from the business community and general public. The list was selected based on a variety of factors, including innovation, future growth potential, the company’s Maryland story, and “wow” factor.
The Maryland Future 20 are:
- ACTIVEcharge (Baltimore County) – Provider of blade monitoring hardware and software for wind turbines.
- Aidar Health (Baltimore City) – Healthcare technology company focused on personalized medicine with MouthLab product that provides a rapid overall health assessment.
- Airgility (Prince George’s County) – Developer of unmanned aerial systems to help support defense missions, public safety and commercial sectors.
- Clene Nanomedicine (Cecil County) – Clinical-stage biopharmaceutical company focused on treating neurodegenerative diseases.
- HopFlyt Inc. (Calvert County) – An aerospace company developing an electric Vertical Takeoff & Landing (eVTOL) aircraft.
- Infercabulary (Baltimore County) – Education technology start-up that offers a web-based, visual vocabulary and reasoning program that helps students use critical thinking.
- InventWood (Prince George’s County) – Startup developing environmentally-sustainable cellulose products.
- IonQ (Prince George’s County) – Quantum computing hardware and software company taking ion quantum computing from the lab to the marketplace.
- Ion Storage Systems (Prince George’s County) – Technology company that creates batteries that are safer and enhance system performance.
- Live Chair Health (Howard County) – Company with a barbershop appointment booking platform that is also integrating healthcare assessments with barbershop visits.
- Medcura (Prince George’s County) – Medical device company developing a wound care platform for surgical, medical, and consumer applications.
- N5 Sensors, Inc. (Montgomery County) – Electronics company manufacturing high-performance sensors and detectors.
- pathOtrak (Prince George’s County) – Biotechnology company that is developing a rapid detection test for foodborne pathogens, including e.Coli and salmonella.
- Penacity LLC (Anne Arundel County) – Cybersecurity company providing services to the private sector and federal government.
- Relavo (Baltimore City) – Medical device company working on a solution for safer, in-home kidney dialysis.
- Resensys (Prince George’s County) – Technology company with a wireless sensor network to help monitor infrastructure systems against aging and malfunction.
- Silfra Biosystems LLC (Baltimore County) – Start-up that manages fish waste in aquaculture.
- Sisu Global Health (Baltimore City) – Medical device company with an innovative blood-filtering product.
- Theradaptive, Inc. (Frederick County) – Pharmaceutical company focused on regenerative medicine and native tissue repair.
- Vita Therapeutics (Baltimore City) – Cell engineering company developing life-transformative treatments.
The Maryland Future 20 will be featured in Maryland Commerce blog posts, videos, and social media promotion for the remainder of 2020 and into 2021, and the department encourages sharing and promoting stories of innovation from around the state on the Innovation Uncovered web page.