TEDCO Invests in ARMR Systems
ARMR Logo, TEDCO Portfolio company working to develop a novel hemorrhage control system to stop bleeding anytime, anywhereBaltimore-based ARMR Systems’ novel wearable platform stops severe arterial bleeds and can respond to trauma in any theater. While the focus of ARMR’s development initiatives is initially on addressing hemorrhage control needs within the military context, the solution will expand and extend to domestic first-response, law enforcement, common clinical applications, and humanitarian aid in high-risk environments. The company previously received investment from TEDCO’s Seed Fund and the Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) program.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
Tammi Thomas, President, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com