Two cutting edge technology companies in Owings Mills may get an economic boost from the state of Maryland.
Differential Dynamics Corporation, located on Music Fair Road, and Direct Dimensions, located on S. Dolfield Road, are among the top 71 applicants in the InvestMaryland Challenge. The contest will award $300,000 in grants and various others services to companies in the life sciences and life-tech industries.
“Differential Dynamics Corporation (DDMotion) has developed an all-mechanical green technology called Infinitely Variable Motion Control (IVMC),” according to its website. The technology has power generation, compression and air conditioning and vehicle transmissions, the website says.
Direct Dimensions works with geometric measurement technology, and can apply its technology to the military, automotive, industrial, medical and other fields.
In order to qualify, companies must have 25 or less employees, revenues of less than $1 million and be independent ventures in the seed, start-up or early-growth stages, according to the InvestMaryland website.