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Investing in Research & Development is Investing in New Mexico’s Future Op-Ed
by Chad Matheson, CEcD – New Mexico has always been a place where big ideas take root. From the groundbreaking science at Los Alamos and Sandia National Laboratories to the innovations driving our growing aerospace and energy sectors, our state has a proud history of discovery. If we want to secure a prosperous future for New Mexico, one filled with high-paying jobs, thriving businesses, and opportunity for generations to come, we must double down on an what we do best: research and development.
Albuquerque Regional Economic Alliance Names Josh Parsons Board Chair and Chad Matheson Serves as Interim President and CEO
The Albuquerque Regional Economic Alliance (AREA) today announced its 2026 Board of Directors, welcoming a dynamic group of business and community leaders committed to driving economic growth and prosperity throughout the greater Albuquerque region. Josh Parsons,...
Space Infrastructure Startup Mantis Space Selects Albuquerque for Headquarters and Manufacturing Hub
( Re-share from NM EDD) Kennesaw, GA, and Albuquerque, NM (December 8, 2025) — Mantis Space, a space and advanced energy startup developing the first power grid in space, today announced its selection of Albuquerque, New Mexico, for its headquarters and advanced R&D manufacturing facilities.
Greater Albuquerque: A Rising Bioscience Powerhouse in the Southwest
By Charles Spann, Business Development Project Manager - Greater Albuquerque continues to distinguish itself as one of the nation’s most dynamic bioscience hubs, home to more than 20,100 jobs in 2024, over three times the national average for a region of its size....
AREA Announces Recipients for the 2025 505 Awards
FOR IMMEDIATE RELEASE (Albuquerque) September 15, 2025 – The Albuquerque Regional Economic Alliance (AREA) has selected the honorees for the Seventh Annual 505 Awards and Dinner. The event recognizes organizations and individuals who are making exceptional contributions to the economic growth and prosperity in the greater Albuquerque region.
New Mexico is Candidate for Cutting-Edge Hypersonic Rocket Motor Facility
FOR IMMEDIATE RELEASE August 25, 2025 ( Sandoval County, NM) — A cutting-edge defense technology company is evaluating Sandoval County, New Mexico, for a major new investment — an ambitious project that, if it moved forward here, could bring hundreds of high-paying jobs and reaffirm the state’s critical role in national security.
Certified for Success: AREA Interim President & CEO Chad Matheson Earns CEcD, Strengthening Mission for Regional Growth
FOR IMMEDIATE RELEASE ( Albuquerque,NM) August 5, 2025 – The Albuquerque Regional Economic Alliance (AREA) is proud to announce that Chad Matheson, Interim President & CEO, has earned the prestigious Certified Economic Developer (CEcD) credential from the International Economic Development Council (IEDC). This nationally recognized certification is a hallmark of excellence within the economic development profession and signifies the highest level of competency and expertise in the field.
Pacific Fusion pursues locating $1B research facility in Albuquerque
FOR IMMEDIATE RELEASE FROM NM EDD – JULY 16, 2025: Project would bring 200+ jobs and advance clean energy innovation
Danielle Casey to Depart Albuquerque Regional Economic Alliance After Nearly Five Years of Transformative Leadership
IMMEDIATE RELEASE (July 1 2025) – AREA Senior Vice President Chad Matheson to serve as Interim President & CEO following her departure in early August.
AREA and Local Brokerage Partners Unveil Joint Research and Data Reports on the greater Albuquerque Market
FOR IMMEDIATE RELEASE: (ALBUQUERQUE, N.M.) June 18, 2025 – Albuquerque Regional Economic Alliance and CBRE have released the 2025 Talent Profile Report, and AREA and NAI SunVista have released an updated Industrial Market Report for the region, featuring advantages for business in the market.