More than $623,000 awarded to Solid State Marine, LLC and Native Orthopaedics

PROVIDENCE, R.I. – April 27, 2026 – Governor Dan McKee, Chair of the Rhode Island Commerce Board, today announced that the Board awarded $623,202 in incentives through Commerce’s Qualified Jobs Incentive Tax Credit and Innovation Voucher programs to support business growth and job creation.

“These investments not only spur continued business expansion in our state, they also create good-paying jobs and meaningful opportunities for our citizens and communities,” said Governor McKee. “We’re proud to support companies that are choosing to grow here, innovate here, and build their future in our great state.”

This is exactly the kind of growth we aim to accelerate,” said Secretary of Commerce Stefan Pryor. “Today, we’re helping a manufacturer relocate from Massachusetts to Pawtucket and a Providence med-tech company bring a breakthrough device to market. This is the kind of progress that our programs are designed to catalyze.”

Welcoming New Jobs

Solid State Marine, LLC, was awarded $548,202 in tax credits over 10 years through the Commerce’s Qualified Jobs incentive Tax Credit program. The company, which designs and manufactures advanced lithium battery systems for marine and industrial electrification, has committed to creating at least 20 new jobs with a median salary of $100,000. In addition to creating new jobs in the state, Solid State Marine is relocating its manufacturing and engineering operations from Massachusetts to a facility in Pawtucket.

Sparking Innovation

Native Orthopaedics was awarded a manufacturing Innovation Voucher in the amount of $75,000. Based in Providence, the company is developing a next-generation surgical device to improve ligament repair procedures, such as ACL reconstruction, without relying on metal implants. Building on FDA-cleared technology developed in Rhode Island, this project will support local engineering, manufacturing, and clinical collaboration while delivering safer, simpler surgical solutions that improve outcomes for patients.

More information on Commerce programs can be found at commerceri.com.

 

Contact: Giselle Mahoney
(401) 545-0626
giselle.mahoney.ctr@commerce.ri.gov