Overview

Since 1930’s, New Mexico has been a world leader in scientific research and energy development. The state is home to three national research facilities and three nationally-recognized research universities. The state is ranked first in non-industry investment in research and development and second in high-tech jobs, providing unparalleled capacity for research collaboration and technology commercialization in many areas that contribute to advanced manufacturing (2010 State New Economy Index). New Mexico has many companies utilizing technologies spun out of these institutions. Education and research opportunities at these facilities contribute graduates in many fields including engineering, optics, nanotechnologies, physics, and manufacturing hardware and software development.

Industry clusters:

  • Optics
  • Photonics
  • Nanotechnology
  • IT
  • Sensors
  • Biomedical
  • Federal labs-related technology
  • Water & environmental technologies

Quick Facts
  • Strong federal presence: In 2005 the federal government spent $2.03 on New Mexico for every dollar of tax revenue collected from the state. This rate of return is higher than any other state in the nation.
  • Opportunities for collaborative research and development agreements (CRADAs)
  • Lease one-of-a kind research facilities
  • Access licensable technologies
  • 20 federal state and privately funded laboratories with experience in nuclear weapons, defense systems, aerospace, bioscience and nanotechnology
  • New Mexico is an industry hub for developing lasers and high-powered microwave systems. Albuquerque metro area has over 40 different photonics-base manufacturing facilities.
  • The optics and photonics industry in New Mexico is vertically integrated (agglomeration advantage)

Major Employers
  1. EMCORE Corporation
  2. HT Micro
  3. Intel Corp.
  4. Applied Technology Associates
  5. NASA LBJ Space Center
  6. Boeing Directed Energy Systems
  7. Senior Scientific LLC
  8. Optomec
  9. Raytheon Ktech
  10. Honeywell Technology
  11. CALCULEX, Inc.
  12. Joule Unlimited
  13. Jacobs Technology
  14. Abbot Medical Optics

Resources
  • Sandia National Laboratories – Centrally located in Albuquerque, Sandia National Laboratories is a leading government R&D laboratory, focusing on nuclear weapons technology and security, energy, climate and infrastructure security, defense systems, and homeland security.
  • Los Alamos National Laboratory – Los Alamos National Laboratory, located less than an hour’s drive from Santa Fe, is a premier national security research institution focused on delivering scientific and engineering solutions for the most crucial and complex problems including the advancement of bioscience, chemistry, computer science, earth and environmental sciences, materials science, and physics.
  • UNM – Nonprofit that handles University of New Mexico technologies and brings them to the marketplace through patent applications, license and options agreements, and start-up companies.
  • New Mexico Consortium – Engages universities and industry in scientific research in the nation’s interest and to increase the role of Los Alamos National Laboratory (LANL) in science, education and economic development.
  • Microsystems & Engineering Science Application Center (MESA) – Located at Sandia Labs. It represents the essential facilities and equipment to design, develop, manufacture, integrate, and qualify trusted microsystems for national security needs.
  • Pulse Power Center - Also locates in Sandia Labs. Houses some of the world’s most advanced optics equipment. The center has technologies to create, diagnose, and model extreme radiation, high energy density environments, and inertial confinement fusion.

Industry-Specific Incentives

Angel Investment Credit
A taxpayer who files a New Mexico income tax return and who is a “qualified investor” may take a tax credit of up to $25,000 (25% of a qualified investment of not more than $100,000) for an investment made in a New Mexico company that is engaging in high-technology research or manufacturing. The taxpayer may claim the angel investment credit for up to two qualified investments in a taxable year, provided that each investment is in a different qualified business. Any portion of the tax credit remaining unused at the end of the taxpayer’s taxable year may be carried forward for three consecutive years.

For more information on all incentives New Mexico has to offer, click here.


Resources

icon_pdfBrochure: BioScience

icon_pdfSales sheet: Cloud Computing