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State, City back spacecraft manufacturer, adding 152 jobs
State, City back spacecraft manufacturer, adding 152 jobs Growth creates high-paying defense and space tech jobs ALBUQUERQUE — New Mexico and the City of Albuquerque are investing more than $1.5 million to help BlackVe Inc., a defense and space technology company,...
New Mexico Bioscience Delegation Showcases Innovation and Industry Growth at BIO International Convention 2026
ALBUQUERQUE, N.M. — June 18, 2026 – A delegation of economic development, research, healthcare, and industry leaders will represent New Mexico's growing bioscience sector at the BIO International Convention, taking place June 22–25, 2026, in San Diego, California. Led...
Eden Pharmacy expansion to bring 45-plus jobs to Albuquerque
Eden Pharmacy expansion to bring 45-plus jobs to Albuquerque
$2.7 million upgrade strengthens New Mexico’s specialty pharmacy sector
Castelion breaks ground on Project Ranger in Rio Rancho, creating 300 high-paying jobs
RIO RANCHO, N.M. ( NM EDD Press Release from 1/21/26) — Castelion, a defense technology company, today broke ground on a 1,000-acre manufacturing campus — known as Project Ranger — in Sandoval County, reinforcing New Mexico’s position at the forefront of defense innovation.
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.
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
