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Sceye Reaches Stratosphere

Sceye Reaches Stratosphere Sceye, a developer of high-altitude platform stations (HAPS), announced today that it successfully launched its stratospheric platforms and flew at an altitude of 64,600 ft. The announcement comes on the heels of Sceye’s long-range record for maintaining data connection in OpenRAN at a distance of 140km. With financial support from the State of New Mexico, the company also joins a consortium of New Mexico-based telecommunications companies and tribal entities to pilot delivery of universal broadband access to the Navajo Nation. “We view the successful flight and the record setting data connection as a significant milestone for our technology; one that could dissolve the rural broadband barrier,” said Sceye CEO Mikkel Vestergaard Frandsen.

Aliciaj keyesMikkel vestergaard frandsenJohn badalNavajo technical universityNavajo tribal utility authoritySanta fe indian schoolSacred wind communicationsSpaceport authority boardEconomic development cabinetNew mexicoNew mexico basedNavajo nationEconomic development cabinet secretarySpaceport authority board chair aliciaஜான் பாடல்நவாஜோ தொழில்நுட்ப பல்கலைக்கழகம்

State offers financial help for businesses impacted by COVID-19

Businesses seeking help with rent, lease and mortgages are encouraged to apply for $200 million in State of New Mexico grants allocated to assist those impacted by the COVID-19 pandemic. House Bill 11 (HB-11), the Local Economic Recovery Development Act (LEDA) was introduced in the New Mexico House of Representatives Jan 25, and after some revisions was passed. HB-11 passed the New Mexico Senate Feb. 18, 41 to 1, after senators added amendments. The day after it passed the House concurred and Gov. Michelle Lujan Grisham signed the bill Feb. 26. “Thousands of New Mexico businesses will be able to receive assistance through this grant program so they can hire or rehire employees,” said Economic Development Cabinet Secretary Alicia J. Keyes. “Building this new capacity to create jobs is a cornerstone of the state’s recovery plan.”

New mexicoUnited statesEddy countyState of new mexicoJohn watersAliciaj keyesMichelle lujan grishamMarquita russelMexico finance authorityMexico economic development departmentMexico senate febCarlsbad department of developmentEconomic recovery development actEconomic development cabinetLocal economic recovery development actNew mexico house

New Mexico Applauds Intel $3 5B Expansion In Rio Rancho

New Mexico Applauds Intel $3.5B Expansion In Rio Rancho - 6:55 am Intel plans to invest $3.5 billion in New Mexico operations and hire more than 700 new workers at their facility in Sandoval County. Courtesy/Intel Corporation/Walden Kirsch EDD News: RIO RANCHO Intel plans to invest $3.5 billion in its New Mexico operations and hire more than 700 new workers to create a domestic hub for advanced semiconductor manufacturing at its fabrication facility in Sandoval County, the company and Gov. Michelle Lujan Grisham announced. In what will be one of the largest capital investments in New Mexico, Intel plans to modernize facilities to accommodate its Foveros technology, a breakthrough innovation to meet increasing customer demand for stronger microprocessing performance.

Sandoval countyNew mexicoUnited statesCity of rio ranchoRio ranchoNew mexicansAliciaj keyesMichelle lujan grishamLujan grishamKeyvan esfarjaniDave heilCourtesy intel corporation walden kirschEconomic development actSandoval county commissionIntel foundry servicesEconomic development cabinet

State Lawmakers Revive Kentucky s Film Tax Credit

State Lawmakers Revive Kentucky s Film Tax Credit
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United statesNew mexicoJason baileyGeoffrey stortsMatt bevinKay poeMichael semanAndy beshearKentucky centerKentucky film commissionNational conference of state legislatorsColorado state universityDepartment of the treasuryTourism development finance authorityEconomic development cabinetCourtesy merry kay

New Mexico Partnership appoints Melinda Allen CEO and president - Albuquerque Business First

New Mexico Partnership appoints Melinda Allen CEO and president - Albuquerque Business First
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United statesNew mexicoLea countyTim nittiMelinda allenAliciaj keyesPat vincent collawnChris kellerEconomic development corpMexico partnershipNm partnership boardEconomic development cabinetManaging editorAlbuquerque business firstNew mexico partnershipEconomic development