Skip Navigation
MarylandToday

Produced by the Office of Marketing and Communications

Subscribe Now

2 UMD Companies Named Among America’s Top Greentech Firms

By Catherine O'Brien Stephens

TIME and Statista recently named the top 250 U.S. companies reducing environmental impact, and two of the four Maryland companies on the list were established at the University of Maryland and the Maryland Energy Innovation Institute (MEI2).

Ion Storage Systems, a solid-state battery company offering safe, reliable and durable solutions, and InventWood, transforming wood into high-performance, sustainable building materials, both made the top 250 list this year. Both companies began in labs at the A. James Clark School of Engineering and received energy seed grants from MEI2 before launching into commercial space, in Beltsville, Md. (Ion) and Frederick, Md. (InventWood).

Every year, the effects of climate change become more pronounced, but so too do the contributions from an increasing number of greentech innovators. The sustainable solutions from greentech innovators aim not just to replace wasteful practices with more efficient ones, but to transform the way society operates, creating innovative, commercially viable solutions that have a positive environmental impact.

This year’s analysis by TIME and Statista considered the positive impact, financial strength and innovation of organizations that are developing products, services, or technologies to stop or reverse the impact of human activities on the planet.

Maryland Today is produced by the Office of Marketing and Communications for the University of Maryland community on weekdays during the academic year, except for university holidays.