Author: Montgomery County Economic Development Corporation

Montgomery County, Maryland, has long been known as one of the nation’s premier hubs for life sciences and technology but recently, the County has gained global recognition for another high-growth industry: satellite and advanced communications.

The roots of the County’s satellite ecosystem stretch back decades. The former COMSAT Laboratories in Clarksburg helped establish the foundation of modern satellite communications technology and continues to shape the industry today. That legacy directly contributed to the growth of companies like Hughes Network Systems, headquartered in Germantown, which is widely recognized as a pioneer of satellite internet technology and continues to employ nearly 1,000 people locally.

Home to over 120 satellite and advanced communications companies employing approximately 4,500 workers across the region, Montgomery County’s growing prominence in advanced antenna, satellite communications, and space technologies, includes the presence of visionary business leaders, like Eric Sung, CEO of Intellian Technologies who has dubbed the area “Satellite Valley” in recognition of its growing industry concentration and momentum. Intellian, which selected Rockville for its first U.S.-based Advanced Development Center, committed a $100 million investment to develop advanced satellite communication technologies, including phased array antennas and portable military-grade terminals designed for next-generation low Earth orbit (LEO) satellite networks. Montgomery County’s concentration of satellite companies, engineering talent, and proximity to government and defense stakeholders made the region a strategic fit for their expansion.

A leading global provider of stabilized satellite communication and satellite TV antenna systems with more than 70 employees located in Montgomery County, Intellian was one of the businesses featured in a special report from the Financial Times’s fDi Intelligence released in May, highlighting the region’s expanding technology ecosystem. From legacy industry pioneers to fast-growing international companies, such as Thales Defense & Security, Montgomery County offers a deep talent pool with technical expertise, proximity to federal agencies, and highly welcoming and diverse communities, allowing it to continuously attract investment from around the world. (more…)

Montgomery County, MD is commonly known as being a suburb of the nation’s capital, but what might surprise some is that it is also home to a thriving biotech ecosystem. With over 350 life sciences companies, including global brands like AstraZeneca, United Therapeutics, and Novavax, Montgomery County anchors the third largest biophama hub in the U.S., behind only Boston and San Francisco.

Running annually in Washington D.C. for over 25 years, World Vaccine Congress attracts an international audience from over 80 countries and convenes more than 3,000 people to learn about the latest trends, research, and technologies in the vaccine industry. This year, Montgomery County took center stage, with a featured session on the extensive Biologics Value Chain in the County, as well as a session during which County Executive Marc Elrich spoke about the extensive resources available to companies here, and an exhibit space showcasing these resources.

A Complete Biologics Value Chain in One Region

One of the defining strengths of Montgomery County is its ability to support the full lifecycle of biologics, all the way from early research to large-scale manufacturing. During the panel discussion, moderated by Dr. Stefanie Trop, Director of Life Sciences at the Maryland Department of Commerce, local leaders emphasized that the region’s strength lies in its network of partners who work collaboratively across discovery, development, testing, and production. Panelists from companies in all stages of the value chain spectrum included Dr. Andrew Lees, Founder of Fina Biosolutions, Benjamin Moutier, Senior Vice-President, Vaccines and Immune Therapies at AstraZeneca, Dr. Helen Sabzevari President & CEO of Precigen, and Dr. Frederick Holtsberg, Chief Scientific Officer of Integrated BioTherapeutics.

This end-to-end capability in close geographical proximity gives companies a unique advantage and is rare to find in other markets, even established ones like San Francisco and Boston. In fact, only a handful of places worldwide offer the combination of infrastructure, expertise, and collaboration found in Montgomery County and if diversity, education and population density are taken into consideration – then Montgomery County standouts even more.

“Gaithersburg is one of the six places in the world where we can do what we’re doing,” explained Benjamin Moutier, Senior Vice-President, Vaccines and Immune Therapies, AstraZeneca. “We have the right partners at every step of the value chain [in Montgomery County].”

A Strong Partnership Network

Biotech breakthroughs rarely happen in isolation. They depend on strong partnerships between private companies, local and state governments, academic institutions, and workforce training organizations. Montgomery County has intentionally cultivated these connections, making collaboration and coordination defining characteristics of its life sciences ecosystem.

Dr. Frederick Holtsberg, Chief Scientific Officer at IBT Bioservices, a full service CRO offering clinical & preclinical contract research services, says the company’s close partnerships between them and local stakeholders have been crucial to its success. “As a Rockville-based company, we’re grateful for the partnership and support from city, County, and state leaders,” explained Dr. Holtsberg. “These programs have helped fuel our growth, and we’re excited about the continued momentum of our community.” (more…)

Nationally recognized as the third-largest biopharma hub in the country, and home to thriving industry clusters including technology, defense, and satellite and advanced communications, Montgomery County continues to attract global brands, generate high-quality and high-paying jobs, and drive economic growth.

Recent investments from global industry leaders highlight this continued momentum.

This past March, Samsung Biologics had its official ribbon cutting in Rockville. The Korean contract development and manufacturing leader expanded into the U.S. market through its acquisition of the former Human Genome Sciences facility in Rockville. The acquisition will retain more than 500 jobs and marks Samsung Biologics’ first U.S.-based manufacturing site, further cementing Montgomery County’s position as a premier destination for life sciences companies of all sizes. “During our international trade mission last year, we met with the Samsung Biologics team in Seoul to discuss the economic momentum in Maryland. Today’s ribbon cutting is the realization of that meeting and our state’s momentum,” said Maryland Governor Wes Moore. “South Korea’s largest biotech company is opening its first U.S. manufacturing facility here in Maryland. In the state of Maryland, we are delivering for our people and not playing for second.”

Last October, biopharmaceutical giant AstraZeneca, headquartered in Gaithersburg since 2013, announced that it will build another state-of-the art facility, also in Gaithersburg. This new facility, which follows the opening of the company’s $300 million cell therapy manufacturing facility opened in Rockville last spring, will create 100 new jobs and continue to expand the company’s R&D footprint in the County. (more…)

To the State of Maryland, quantum computing may be its next power-tool for growth and investment. The global quantum technology market size is expected to reach $198 billion by 2040 according to McKinsey & Company, and the last several years have proven that Maryland and Montgomery County are setting the pace for the quantum race. In January 2025, Maryland Governor Wes Moore announced a $1 billion investment over the next five years aimed at strengthening Maryland’s position as a quantum technology leader, and as the state’s largest county with a thriving technology sector, Montgomery County is primed to be the epicenter of the “Capital of Quantum.”

Montgomery County is home to several quantum pioneers, including Rockville-based Quantum Space, and Bethesda-based companies Fasoo, Quantum Exchange, and TISTA Science & Technology Corporation. The County sits within one of the nation’s most research-dense corridors, neighboring the University of Maryland, which will soon boast Microsoft’s new Quantum Research Center at the University’s Discovery, and a collection of federal agencies, including the National Institute of Standards and Technology (NIST) and the National Cybersecurity of Excellence (NCCoE), that have long driven advances in physics, engineering, and advanced computing. This concentration of expertise, along with an abundance of talent of more than 29,000 Computer and Mathematics Professionals and 67,000 high-technology workers in the area, has helped attract companies specializing in quantum hardware, software, and networking technologies. (more…)

Montgomery County plays a central role in the Capital Region’s role as the nation’s third-largest biopharma cluster, according to a recent national industry ranking. The Capital Region, which includes Montgomery County along with surrounding jurisdictions in Maryland, Washington, D.C., and Northern Virginia, was ranked third among U.S. biopharma hubs in Genetic Engineering & Biotechnology News’ 2025 Top 10 U.S. Biopharma Clusters report, reflecting the scale of the region’s life sciences ecosystem, workforce, and concentration of research institutions and companies.

Montgomery County serves as the anchor of the region’s biopharma ecosystem, home to more than 350 life sciences companies and a large share of the region’s research, development, and manufacturing activity. Global pharmaceutical and biotechnology companies including AstraZeneca, Novavax, and United Therapeutics have a significant presence in the County, contributing to its role as a national center for drug development, vaccines, and advanced therapies. (more…)

Over 50 local companies were awarded $7.5 million from Montgomery County last year, demonstrating the Government’s core priority in further supporting its thriving entrepreneurial ecosystem. The funded projects range from off-the-shelf CAR T Cells that target solid tumors to nanophotonic imaging platform for in vivo imaging, advanced microelectronics for spacecraft instrumentation, high-energy-density capacitors for defense and space, and sustainable bio-fungicides from natural products to combat fungal diseases.

“The Technology Innovation Fund exemplifies Montgomery County’s commitment to supporting genuine innovation with its flexibility and risk tolerance,” said Sanhe Hu, founder of EasyCloudScale, a recipient of the Technology Innovation Fund. “This support has enabled EasyScaleCloud to rapidly iterate through multiple product concepts at controlled costs—validating what works and pivoting when needed—while building the foundation to create high-skill technology jobs that will contribute to the County’s growing tech ecosystem.” (more…)

Montgomery County attracted a series of corporate expansions and relocations over the past year, signaling continued business growth despite federal budget cuts that challenged local economies across the region. Long recognized as the #3 largest biopharma cluster in the nation, and a hub for technology, defense, advanced satellite communications, and national headquarters, the County continued to appeal to established employers seeking to expand operations and create high-paying jobs.  

Among the year’s most significant announcements was AstraZeneca’s announcement of a $2 billion investment in the state of Maryland, including the expansion of its operations in Montgomery County by building a state-of-the-art clinical manufacturing facility in Gaithersburg. The project follows the company’s $300 million cell therapy manufacturing site that opened in Rockville last spring and is expected to generate 100 new jobs while expanding its research and development presence. Nuclear technology developer X-energy also deepened its commitment to the County, consolidating two Rockville offices into a new 125,000-square-foot headquarters in Gaithersburg. The company plans to retain 260 employees and create more than 525 high-skilled positions over the next six years.   (more…)