Scott McLaughlin, Spaceport America Executive Director | New Mexico Economic Development Department
The New Mexico Economic Development Department has approved certification for NewSpace Nexus, a business incubator. The companies under NewSpace Nexus have contributed more than $50 million in economic impact, accruing this figure through customer contracts and venture capital investments.
This certification marks a significant step in supporting and fostering growth in the aerospace sector within New Mexico.
NewSpace Nexus aims to stimulate innovation and economic development, enhancing the state's standing in the aerospace industry. Certification provides the incubator with recognition that can aid in furthering its mission and expanding its impact.