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The Maryland Department of Commerce has received a federal grant from the U.S. Department of Defense to relaunch the state’s Defense Commercialization (DefTech) Center and to help small businesses serving the defense industry stay competitive by adopting “Industry 4.0” standards. 

TEDCO logo with red and orange swirl; tagline “Leading Innovation to Market”

  TEDCO, Maryland’s economic engine for tech and life science companies, announced today the selection of 15 entrepreneurs to participate in two new 10-month pilot leadership development programs. 

TEDCO logo with red and orange swirl; tagline “Leading Innovation to Market”

Galen Robotics, which is commercializing a surgical robot developed at a Johns Hopkins research lab, has announced the first close of a Series A round, after raising $15 million from investors led by California’s Ambix Healthcare Partners.

TEDCO logo with red and orange swirl; tagline “Leading Innovation to Market”

The Maryland Technology Development Corporation has invested an undisclosed amount in Flexnode, a Bethesda, Md., startup building micro data centers to tap emerging demand from Internet of Things devices and 5G mobile technology.

TEDCO logo with red and orange swirl; tagline “Leading Innovation to Market”

TEDCO, Maryland’s economic engine for technology companies, announced today its Social Impact Funds invested in Tuzmo, a platform that connects tourists to authentic local artisans in destinations around the globe.

TEDCO logo with red and orange swirl; tagline “Leading Innovation to Market”
Last updated August 27, 2026