Company working to create innovative wearable technology
COLUMBIA, Md., (January 26, 2026) — TEDCO, Maryland’s economic engine for technology companies, announced a recent nearly $500,000 Cybersecurity Investment Fund (CIF) investment in Stacato LLC. The CIF is housed under the umbrella of TEDCO’s Seed Funds and is dedicated to supporting cybersecurity and information technology companies.
“Innovation comes in many forms, and we believe we have identified one that can meaningfully reshape the wearable space,” said Gil Limonchik, founder and CEO of Stacato. “TEDCO’s investment enables us to accelerate development and bring this technology closer to operational use.”
Stacato LLC, located in Rockville, Md., is working to develop a secure and wireless communications option for warfighters. By targeting the convergence of immersive augmented reality, tactical communications and electronic resilience, the company aims to enhance current capabilities.
“TEDCO looks forward to seeing our investment support this Maryland-based defense technology company’s growth,” said Katherine Hill Ritchie, senior director, Venture Funds. “We hope our support furthers research and development efforts on such innovative technology that can be utilized by our troops.”
The CIF focuses on providing investment opportunities that are often overlooked by traditional investment and financing sources due to economic disadvantages. For more information, visit our page here.
“With more than 60 federal facilities across the state, founders have ample opportunity to collaborate with, support and leverage the world-class equipment and talent to further innovative growth,” said TEDCO CEO, Troy LeMaile-Stovall. “Companies looking to expand and innovate need to look no further than Maryland’s collaborative innovation ecosystem.”