The Colorado Economic Development Commission approved $1.9 million of tax incentives on Thursday for two unnamed companies looking to expand in El Paso County and potentially bring 300 jobs to the area.

The largest incentive went to “Project Da Vinci,” a Colorado-based manufacturing company servicing the aerospace, medical, industrial and commercial industries. The commission voted to give $1.3 million in tax incentives over eight years on condition of 101 new full-time jobs with an average wage of at least $63,362. The company currently has 54 employees, all in Colorado.

The manufacturing company is also weighing expanding into Tulsa, Okla., according to public records.

The Office of Economic Development and International Trade (OEDIT) keeps company names confidential until paperwork is finalized but its description of Project Da Vinci matches word-for-word to a website for Colorado Springs-based Spectrum Advanced Manufacturing Technologies, Inc. Spectrum did not immediately respond for comment.

The commission said it was important to keep the company tied to many leading Colorado industries in the state and support the area’s manufacturing sector.

The second company, “Project Balloon,” had to be reapproved after it didn’t finish necessary paperwork for its tax incentives as it wanted to adjust its non-disclosure agreement with the state, the commission said. The EDC voted to give it nearly $670,000 in tax incentives over eight years.

OEDIT’s description of Project Balloon matches the website for San Diego-based drone developer Kratos, which also has an existing presence in Colorado Springs. Kratos did not immediately respond for comment.

The company specializes in military equipment such as drones and operating equipment for turbine technologies, cybersecurity, space, defense and rocket support. “Project Balloon” is considering expanding in the county to be close to Department of Defense operations in the area, according to public records.

It’s also considering Pennsylvania, according to paperwork filed with OEDIT.

The potential expansion could bring 200 jobs to the area with an average wage of $112,000, the commission said. The company already has 5,000 employees, with 600 in Colorado.

Colorado Springs Gazette freelance writer Wayne Heilman contributed to this report.