Governor Hogan Announces Maryland’s Future 20 Start-Up Companies

Innovation Uncovered initiative highlights state’s entrepreneurs and innovators

ANNAPOLIS, MD — In celebration of National Entrepreneur’s Day, Governor Larry Hogan today announced Maryland’s Future 20, a list of innovative startups from various industries that have the potential to be the state’s next major business success story. 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. More than 125 nominations were received from the business community and general public, and the final list was selected based on a variety of factors, including innovation, future growth potential, the company’s Maryland story, and “wow” factor.

“I want to congratulate the Maryland Future 20 and thank all of the companies that were nominated for what they are doing to advance technology, address health crises, and continue to make Maryland a great place to start and grow a company,” said Governor Hogan. “It is now more important than ever that we support our innovators and entrepreneurs who have the solutions to help us in our ongoing battle with COVID-19.”

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 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.

“It was very exciting to have so many outstanding candidates for the Future 20, which shows the incredible talent and entrepreneurial spirit we have here in Maryland,” said Maryland Commerce Secretary Kelly M. Schulz. “We look forward to the great things to come from all of them.”

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 website. 

About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State’s many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit

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