New Mexico Economic Development Department

The New Mexico Economic Development Department is dedicated to fostering economic growth in the state by implementing various programs designed to support and enhance business development. Through these initiatives, the department aims to create a favorable environment for new and existing businesses, thereby boosting job creation and overall economic vitality. The department's focus includes promoting investment opportunities and providing resources to help entrepreneurs navigate the challenges of starting and expanding their enterprises. By facilitating collaboration among stakeholders, the New Mexico Economic Development Department plays a crucial role in strengthening the state's economy and ensuring sustainable development.

Alicia J. Keyes

Cabinet Secretary

49 past transactions

Mesa Quantum

Grant in 2025
Mesa Quantum is an electronics manufacturing company specializing in quantum technology solutions. The company develops advanced photonic quantum computing hardware, which aims to transform computing capabilities by offering an integrated photonic quantum computing chip designed to encode and manipulate quantum information. This innovative technology presents significant advantages in scalability and stability, enabling customers to leverage quantum computing to address complex problems that traditional computers cannot effectively solve. Mesa Quantum's focus on quantum sensors and chip-scale technology positions it at the forefront of the rapidly evolving quantum computing landscape.

Vitality Works

Grant in 2025
Vitality Works manufactures herbal and nutraceutical supplements. They sell botanical, vitamin, nutraceutical supplements, essential oils, and homeopathic products. They provide herbal and nutraceutical supplements to natural products, distributors, pharmacies, hospitals, clinics, and online retailers.

Hydrosonics

Grant in 2024
Hydrosonics specializes in developing innovative electrolysis technology for on-site hydrogen production, aimed at reducing costs and carbon footprints. The company focuses on creating small-scale, economical methods for generating hydrogen that can seamlessly integrate with renewable electricity sources. By controlling the electrode chemistry in a liquid alkaline electrolyzer, Hydrosonics makes green hydrogen more affordable and accessible for a wide range of applications, including off-grid and remote operations. This technology enables businesses to enhance hydrogen production while effectively adapting to the varying conditions of renewable energy generation.

Warpfactor Antenna Technologies

Grant in 2023
Warpfactor Antenna Technologies LLC is a New Mexico firm based in Santa Fe.

Q Biotech

Grant in 2023
Q Biotech Corp specializes in developing and manufacturing innovative, user-friendly laboratory equipment for life science research and development. Their products leverage cutting-edge technology, such as a personal chromatography system, to enhance the purity and stability of antibodies and other proteins.

Sunnoo

Grant in 2023
Sunnoo develops solar-powered electric vehicle charging solutions that enable DC fast charging. The company's systems feature sun-tracking turret technology, standalone charging stations, adaptive power units, and integrated energy storage. Designed for easy deployment, the technology requires no installation or permits and aims to provide smart charging at low cost. Sunnoo claims its charging solution can power a typical automobile in roughly one-quarter the time of comparable level 2 solar EV chargers, distinguishing it in the solar EV charging market.

Mercury Bio

Grant in 2023
Mercury Bio develops a biomolecular delivery platform to treat viral diseases, cancer, and inflammatory conditions. The platform delivers natural-like RNA molecules to specific cells and organs, destroys viral RNA without altering human genes, blocks replication and spread, and may support the production of essential hormones such as insulin. It enables researchers to counter emerging viruses by silencing deleterious genes.

Molten Salt Solutions

Grant in 2023
Molten Salt Solutions develops a technology platform to commercialize molten salt synthesis and purification and to advance isotope enrichment for nuclear power. The platform includes proprietary chromatography and mass spectrometry systems along with metal salt synthesis methods, enabling safer, more cost-efficient production of isotopically enriched materials for both fission and fusion applications. The company was founded in 2018 and is headquartered in Santa Fe, New Mexico.

Blue Eye Soft

Grant in 2023
Blue Eye Soft is an IT software solutions company specializing in managed services, IT consulting, and engineering solutions tailored to meet client needs. The company has developed a platform that utilizes artificial intelligence for business intelligence and predictive analytics, specifically aimed at predicting satellite anomalies caused by space weather events. In addition to anomaly prediction, Blue Eye Soft offers cloud integration services that enable the fusion and analysis of large volumes of data, text, and imagery. This capability empowers clients to gain actionable insights and address complex challenges that were previously difficult to resolve.

Safe House Distilling

Grant in 2023
Safe House Distilling is an alcoholic beverage producer located in Albuquerque, New Mexico. The company specializes in the production of a variety of drinks, including vodka, rum, gin, and beer, with a diverse selection of flavors to cater to customer preferences. Operating three days a week, Safe House Distilling cans and bottles its vodka-based products, while dedicating the remaining two days to mashing and barreling whisky. By combining traditional distilling practices with innovative formulations, the company aims to enhance the drinking experience for its customers.

General Airframe Support

Grant in 2023
General Airframe Support is an aviation supplier association (ASA) accredited aircraft parts distributor.

Archer Laboratories

Grant in 2023
Archer Laboratories is a service-disabled veteran owned small business that designs and manufactures high power radio frequency devices and plasma application systems.

KiloNewton

Grant in 2023
KiloNewton provides professional technical services, primarily for the renewables, industrial, and manufacturing industries, and specializes in problems and systems requiring multi-disciplinary expertise. They are capable of supporting companies worldwide, of any scale. At KiloNewton, we are focused on accelerating other businesses and always looking for the next challenge to make the successful and growing team will lend the hands-on experience you need for any analysis or design problem can send away.

WiseChoice Food

Grant in 2023
WiseChoice Food is a retail grocer, a food service provider, and their consumers by offering inventive, distinctive, ready-to-bake pizza items that support current consumer trends surrounding healthier options.

Vibrant Corporation

Grant in 2023
Vibrant Corporation is a specialized provider of process compensated resonance testing (PCRT) services, primarily serving the aerospace and power generation industries, as well as materials laboratories. The company offers a range of PCRT services that include defect detection, process control, life monitoring, and material property characterization. Vibrant also manufactures PCRT testing equipment and supplies inspection tools for the automotive sector. Its technology facilitates non-destructive testing to assess structural integrity, thereby enabling quality assurance for component manufacturers and supporting maintenance, repair, and overhaul organizations in identifying critical defects such as cracks and fatigue. Founded in 1991, Vibrant Corporation is headquartered in Albuquerque, New Mexico, with additional facilities located in Germany.

Integrated Deposition Solutions

Grant in 2023
Integrated Deposition Solutions, Inc. specializes in the manufacture of advanced 3D printing technologies, particularly focusing on aerosol-based printing solutions. Founded in 2013 and headquartered in Albuquerque, New Mexico, the company has developed the NanoJet technology, which is utilized across various sectors, including biomedical applications, conformal electronics, and high-density interconnects. The company’s innovative aerosol printing technology is designed to deliver reliable and consistent results, featuring a compact, cartridge-based print head that ensures exceptional line-edge quality. This technology is characterized by its ease of operation, low cost of ownership, and minimal maintenance requirements, making it an attractive option for users in diverse industries.

Hoonify

Grant in 2023
Hoonify Technologies specializes in delivering personal supercomputing solutions and services to various industries. It operates a user-friendly and scalable performance computing platform, empowering businesses to manage their data securely and cost-effectively.

MNT SmartSolutions

Grant in 2023
MNT SmartSolutions is a biotechnology company focused on the development of innovative "smart" materials that exhibit unique electronic and magnetic properties. The company specializes in creating antimicrobial and nanoprobes systems aimed at improving dental care and disrupting biofilms. By leveraging advanced technology, MNT SmartSolutions seeks to provide sustainable engineering solutions that enable the noninvasive treatment of periodontal disease and dental caries. Their approach allows healthcare professionals to effectively target bacterial biofilms on tooth surfaces in an eco-friendly manner, contributing to advancements in both science and medicine.

Hawk Spider

Grant in 2023
Hawk Spider is a company focused on providing stability for renewable energy systems, aiming to eliminate the reliance on fossil fuels for electricity production. It specializes in energy storage services and offers a range of solutions including precision gearing, lean prefabrication, and torque generators. These services are designed to facilitate long-duration energy storage, benefiting power producers and large electricity consumers by enhancing the efficiency and reliability of renewable energy systems.

Guardian Devices

Grant in 2023
Guardian Devices is a provider of Solar Guardian.

EnviTrace

Grant in 2023
EnviTrace is a creation of cutting-edge machine learning and artificial intelligence (AI/ML) techniques and technologies.

Circular Genomics

Grant in 2023
Founded in 2021, Circular Genomics specializes in harnessing circular RNA as innovative biomarkers for precision medicine. The company focuses on improving diagnosis and treatment of neurological and psychiatric conditions by offering evidence-based diagnostic assays.

NeuroGeneces

Grant in 2023
NeuroGeneces develops an artificial intelligence driven brain health assessment platform to detect early signs of neurodegeneration before cognitive symptoms appear. Its Brain Age test analyzes patient EEG data collected via a sleep headband and ML software, benchmarking against a proprietary normative database to provide objective measures of brain function. The platform enables healthcare practitioners to identify at-risk individuals and guide preventive interventions through early behavioral strategies, offering more comprehensive insights than traditional biomarkers.

NeuroGeneces

Grant in 2022
NeuroGeneces develops an artificial intelligence driven brain health assessment platform to detect early signs of neurodegeneration before cognitive symptoms appear. Its Brain Age test analyzes patient EEG data collected via a sleep headband and ML software, benchmarking against a proprietary normative database to provide objective measures of brain function. The platform enables healthcare practitioners to identify at-risk individuals and guide preventive interventions through early behavioral strategies, offering more comprehensive insights than traditional biomarkers.

NeuroGeneces

Seed Round in 2022
NeuroGeneces develops an artificial intelligence driven brain health assessment platform to detect early signs of neurodegeneration before cognitive symptoms appear. Its Brain Age test analyzes patient EEG data collected via a sleep headband and ML software, benchmarking against a proprietary normative database to provide objective measures of brain function. The platform enables healthcare practitioners to identify at-risk individuals and guide preventive interventions through early behavioral strategies, offering more comprehensive insights than traditional biomarkers.

Boeing

Grant in 2022
Founded in 1916, Boeing is the world's largest aerospace company. It designs, manufactures, and sells fixed-wing aircraft, rotorcraft, rockets, satellites, and provides leasing and product support services. With operations in over 70 countries, Boeing employs around 170,000 people and supports airlines and governments worldwide.

3D Glass Solutions

Grant in 2022
3D Glass Solutions, Inc. is a manufacturer of glass-based system-in-package (SiP) electronic packaging devices and components, specializing in the integration of electronic systems. Founded in 2006 and headquartered in Albuquerque, New Mexico, the company provides design consultation and prototyping services, catering primarily to integrated circuit manufacturers, photonic component suppliers, and defense contractors. Utilizing their patented APEX® Glass technology, 3D Glass Solutions offers a range of photo-definable components, including bandpass filters, gain antennas, discrete LC components, and impedance matching networks. Their innovative approach enables clients to integrate multiple components onto a single platform, resulting in reduced manufacturing costs and enhanced performance in industry-specific applications.

Redwire Space (formerly Loadpath)

Grant in 2022
Redwire Space (formerly Loadpath) delivers mechanical, structural, and thermal technologies for satellite and space launch applications.

Kairos Power

Grant in 2022
Kairos Power is a technology company specializing in the development of advanced reactor systems. It focuses on designing, licensing, and demonstrating innovative nuclear reactor technologies to provide clean, affordable, and reliable power.

Green Theme Technologies

Grant in 2022
Green Theme Technologies Inc is a developer of environmentally-friendly chemical technology focused on the finishing of textiles and nonwovens. Founded in 2012 and based in Rio Rancho, New Mexico, the company aims to innovate in the textile industry by creating products that surpass the performance of existing technologies while also eliminating water usage and reducing pollution. Green Theme Technologies is committed to sustainable practices and seeks to transform textile finishing processes through its advanced, dry technology solutions.

Advanced Manufactured Power Solutions

Grant in 2022
Advanced Manufactured Power Solutions provide high-quality engineering, development, and production services to meet all customers’ power source needs supporting national and global interests.

X-Bow Launch Systems

Grant in 2022
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

Soto Brands

Grant in 2022
Soto Brands is a design and engineering house developing beautiful tools and materials for elevating home life, one project at a time.

nQ Zebraworks

Grant in 2022
nQ Zebraworks is a technology company that develops software to streamline document and billing processes. Their application suite includes print management, cost recovery, financial management, scanning, and routing tools. The software aims to reduce billing cycles, enhance client communication, centralize activity tracking, and provide detailed financial insights, ultimately improving clients' accounting systems and financial analysis.

Indica Labs

Grant in 2022
Developer of an image analysis algorithm platform designed for fast and quantitative evaluation of tissues. The platform reports morphological and multiplexed expression data on a cell-by-cell basis across entire tissue sections, maintaining an interactive link between cell data and cell images. It optimizes algorithms and annotates digital slides to enable accurate results in healthcare.

New Mexico Ferments

Grant in 2022
New Mexico Ferments is a part of a growing ecosystem of local growers, producers, makers, and artists.

Rural Sourcing

Grant in 2022
Rural Sourcing, Inc. is a provider of information technology outsourcing services based in Atlanta, Georgia, established in 2004. The company specializes in application development, including the creation of new applications, modernization, and product enhancements. It also offers business intelligence and analytics services such as data management, data migration, and master data management. Additionally, Rural Sourcing provides cloud solutions, enterprise application design and deployment, as well as comprehensive testing services, including both manual and automated testing. The company serves a diverse range of Fortune 1000 clients across various industries, including consumer goods, financial services, healthcare, technology, insurance, and pharmaceuticals. Rural Sourcing is committed to connecting skilled IT professionals from across the United States with businesses, allowing team members to enjoy a high quality of life in low-cost living areas while engaging in collaborative and challenging projects.

Nob Hill Therapeutics

Grant in 2022
Nob Hill Therapeutics, Inc. is a biotechnology company focused on developing and marketing innovative dry powder nebulizers, specifically designed for the treatment of severe respiratory diseases. Founded in 2016 and based in Fayetteville, Arkansas, the company offers DryNeb, a groundbreaking nebulizer that operates differently from traditional aerosol mist devices. By utilizing a magnetically responsive element to create mechanical collisions in the dispersion chamber, DryNeb ensures consistent and reproducible delivery of medication, independent of the patient's inhalation force. This approach enhances the pulmonary route of drug delivery, which is gaining recognition for its ability to provide targeted, noninvasive administration of drugs directly to the lungs, resulting in improved bioavailability and faster therapeutic effects for patients suffering from various respiratory conditions. Nob Hill Therapeutics has secured exclusive licensing of this technology from the University of New Mexico, positioning itself to address substantial market opportunities in pulmonary drug delivery.

ORC Tech

Grant in 2022
ORC Tech is a technology company founded in 2021 that specializes in enhancing cell reception in rural and underdeveloped areas, aiming to eliminate "dead zones." The company leverages technology licensed from NASA’s Johnson Space Center, which includes a lightweight portable antenna designed to boost incoming signals for various devices. ORC Tech develops and markets products that improve local reception for cell phones, laptops, and Wi-Fi internet receivers without requiring power plugs, cables, or batteries. By utilizing advanced optical radio communications technology, ORC Tech provides solutions to enhance connectivity in underserved regions.

Neurinsight

Grant in 2022
Neurinsight is a biotechnology company that develops innovative solutions for human brain imaging.

AllerPops

Grant in 2022
AllerPops develops and sells allergy relief lollipops that incorporate oral probiotics and prebiotics to support a balanced immune response in the airways. The products are positioned as natural and aim to relieve seasonal and chronic allergic symptoms and respiratory irritation by addressing underlying causes rather than merely treating symptoms, with claims of long-lasting relief spanning months to years.

TNeuroPharma

Grant in 2022
Founded in 2018, TNeuroPharma specializes in developing therapeutic technologies focused on T-cell contributions in tracking and treating neurodegenerative diseases. Its innovative approach enables early detection of Alzheimer's disease through blood samples, targeting dysfunctional T-cells to prevent complications.

Molten Salt Solutions

Grant in 2022
Molten Salt Solutions develops a technology platform to commercialize molten salt synthesis and purification and to advance isotope enrichment for nuclear power. The platform includes proprietary chromatography and mass spectrometry systems along with metal salt synthesis methods, enabling safer, more cost-efficient production of isotopically enriched materials for both fission and fusion applications. The company was founded in 2018 and is headquartered in Santa Fe, New Mexico.

Boomerang New Mexico

Grant in 2022
Boomerang New Mexico offers a workforce recruitment platform that connects employers and the New Mexico graduates looking for career opportunities in the state.

K&K Skin Products

Grant in 2022
K&K Skin Products is a skincare company that combines pure, premium oils with a cutting edge patent-pending molecule.

La Tortilla Factory

Grant in 2021
La Tortilla Factory is a California-based producer and distributor of tortillas and Mexican food products, founded in 1977 by Jose and Mary Tamayo. The company develops authentic recipes using premium ingredients and offers a broad range of corn and flour tortillas plus specialty varieties such as grain-free cauliflower, low carb, and protein options, along with side dishes, sauces, and snacks. It operates a modern manufacturing facility in Northern California and maintains distribution facilities across the West Coast, enabling regional availability. Backed by three generations of family leadership, the company emphasizes quality and healthier snack alternatives in its core markets, aiming to meet demand for convenient, authentic Mexican products while expanding its brand presence.

NTx

Grant in 2020
NTx is a biotechnology company specializing in a proprietary host-independent biological manufacturing platform. This technology extends beyond vaccines, potentially revolutionizing the production of protein-based therapies for cancer and autoimmune disorders.

Meow Wolf

Grant in 2019
Meow Wolf LLC is an arts production company based in Santa Fe, New Mexico, founded in 2008. It specializes in creating immersive and interactive experiences that blend elements of a jungle gym, haunted house, children's museum, and art exhibits. Meow Wolf transports audiences of all ages into fantastical realms through its innovative installations and storytelling, incorporating various media such as video, music production, and extended reality content. The company engages its audience through a direct-to-consumer platform that offers merchandise, including pins, t-shirts, and magnets, while also expanding its reach with plans to develop over ten locations by 2023. Meow Wolf aims to enhance its creative capacity and revenue potential by exploring new intellectual properties and digital entertainment, ensuring a deeper connection between its brand and its fans worldwide.

Meow Wolf

Equity Crowdfunding in 2017
Meow Wolf LLC is an arts production company based in Santa Fe, New Mexico, founded in 2008. It specializes in creating immersive and interactive experiences that blend elements of a jungle gym, haunted house, children's museum, and art exhibits. Meow Wolf transports audiences of all ages into fantastical realms through its innovative installations and storytelling, incorporating various media such as video, music production, and extended reality content. The company engages its audience through a direct-to-consumer platform that offers merchandise, including pins, t-shirts, and magnets, while also expanding its reach with plans to develop over ten locations by 2023. Meow Wolf aims to enhance its creative capacity and revenue potential by exploring new intellectual properties and digital entertainment, ensuring a deeper connection between its brand and its fans worldwide.
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