Latest News
Thoma Bravo: Acquisition of ForgeRock complete and combination of ForgeRock into Ping Identity
By New Mexico Sun | Aug 29, 2023
On August 23, 2023, Thoma Bravo and ForgeRock announced the successful finalization of Thoma Bravo's purchase of ForgeRock through an all-cash transaction worth around $2.3 billion. Additionally, Thoma Bravo revealed the integration of ForgeRock into its portfolio enterprise, Ping Identity according to a press release.
Heinrich: 'New Mexico competes best when we compete as ourselves'
By New Mexico Sun Report | Aug 23, 2023
U.S. Sen. Martin Heinrich (D-N.M.), who chairs the U.S. Congress Joint Economic Committee, outlined his perspective on an asset-based economic development strategy aimed at fostering New Mexico's middle class and strengthening its economy in an Aug. 23 speech at the Albuquerque Economic Forum, a press release from his office said.
New Mexico Business Coalition attends COSMA conference
By New Mexico Sun Report | Aug 21, 2023
New Mexico Business Coalition (NMBC) President and CEO Carla Sonntag attended the Council of State Manufacturing Associations Conference (COSMA) held July 24-28 in South Carolina and also took part in an invitation-only National Economic Council (NEC) virtual roundtable.
Los Alamos National Laboratory: Coaxial nanowire electrode design could benefit heavy-duty trucking
By Ashley Haley | Aug 18, 2023
Los Alamos National Laboratory revealed a fuel cell architecture that incorporates nanowires on Aug. 14, known for their durability, as detailed in the paper "Coaxial Nanowire Electrodes Enable Exceptional Fuel Cell Durability" published in Advanced Materials. Representing research in fuel cell technology, this inventive electrode, forming the core of a polymer electrolyte-membrane fuel cell, exhibits enhanced resistance to corrosion, potentially heralding a transformative phase for fuel cells that utilize hydrogen as a clean energy source for vehicles, according to a press release.
BioFlyte: $5.4M raised in Series B Financing to protect critical infrastructure from airborne biothreats
By Ashley Haley | Aug 17, 2023
BioFlyte revealed a successful fundraising effort on Aug. 10 that secured $5.4 million in fresh capital. The funding, led by Scout Ventures and Cottonwood Technology Fund, along with contributions from New Mexico Vintage Fund, provides BioFlyte the resources to expand its manufacturing and sales capacities, according to a press release.
Mayor Keller: 'This type of public/private investment in revitalization is a great example of how, working together, we are continuing to bring the promise of Albuquerque to fruition'
By Andy Nghiem | Aug 16, 2023
On Aug. 7, 2023, Mayor Tim Keller and other Albuquerque officials announced a partnership between the Department of Arts & Culture (DAC) and the Metropolitan Redevelopment Agency (MRA). According to a press release from the city, the Revamp Route 66: Sign Improvement Grant Program aims to invest $432,000 into a sign improvement project for Route 66 along Central Avenue in Albuquerque.
Maxeon Solar Technologies chooses Albuquerque for 3-gigawatt solar manufacturing facility
By BD | Aug 15, 2023
Maxeon Solar Technologies has chosen Albuquerque for its first U.S. manufacturing expansion. A three-gigawatt facility will focus on producing advanced TOPCon PV-silicon cells and shingled-cell Performance Line solar modules, the company said in a press release.
Los Alamos National Laboratory division leader: 'Often in large-scale scientific simulation, data is highly dimensional, even beyond the four dimensions of 3D space and time'
By New Mexico Sun Report | Aug 11, 2023
At the 2023 Flash Memory Summit, Los Alamos National Laboratory and SK hynix are set to showcase the updated features of the ordered Key Value Store Computational Storage Device (KV-CSD). Building upon the previous year's collaboration, this project is an extension of the partnership between Los Alamos' High Performance Computing division and SK hynix, initially introduced at the 2022 Flash Memory Summit according to a press release.
Bernalillo County manager: 'Bernalillo County is immensely grateful for the opportunity to broaden our partnership with UNM Hospital'
By New Mexico Sun Report | Aug 11, 2023
From July 26, UNM Hospital has taken over the role of the new healthcare provider at the Metropolitan Detention Center (MDC) in Bernalillo County. This transition, facilitated by the newly formed MDC Health Care Authority, signifies a partnership between Bernalillo County and UNM Hospital to ensure comprehensive medical, dental and behavioral health services for MDC inmates, according to a press release.
Palette Contemporary Art and Craft owner: ‘We're challenged to be inclusive'
By New Mexico Sun Report | Jul 26, 2023
For almost 20 years, Palette Contemporary Art and Craft in Albuquerque has been offering artwork for a wide range of customers and every type of budget. By searching locally, nationally and abroad, gallery owner Kurt Nelson takes pride in finding a range of modern art in all price ranges, ensuring that patrons with varying financial capacities can acquire special pieces that align with their taste.
US Eagle Federal Credit Union 'will always put the needs of the people first'
By Solange DeLisle | Jul 26, 2023
Albuquerque-based US Eagle Federal Credit Union has grown substantially since it was established 88 years ago and has expanded with nine branches across New Mexico.
Mark Krueger: 'As a Farm Bureau agent, I want to help make sure you have the coverage you need and are prepared for what lies ahead'
By Andy Nghiem | Jul 25, 2023
Farm Bureau Financial Services was originally established in 1939 to address the liability insurance requirements of Iowa farmers, but today the company offers a wide range of insurance services to customers in states across the U.S. including New Mexico. A former APD police officer sat down for an interview to provide some insight into how he found a thriving career with the company after retiring from the force.
Advantage Capital's Gabe Rosen: 'Vibrant is exactly the type of growth-ready business to invest in'
By New Mexico Sun Report | Jul 24, 2023
Impact investing firm Advantage Capital announced on July 18 that it has made a $3.35-million investment in Vibrant Corp., a company specializing in non-destructive testing (NDT) technology.
Chief commercial officer of Solar project: 'Important part of New Mexico’s transition to state of the art, cost-effective renewable energy'
By New Mexico Sun Report | Jul 19, 2023
D. E. Shaw Renewable Investments closed with lenders and launched construction on its San Juan 1 solar energy project, the company announced on July 11.
Cottrell Propst: 'Today we’re pursuing the maximum penalties EMNRD is allowed to assess by law'
By New Mexico Sun Report | Jul 18, 2023
Ameredev, a Texas-based oil and gas company operating in the Permian Basin, has been fined over $40 million by New Mexico State agencies for alleged violations of air quality regulations. EMNRD Secretary Sarah Cottrell Propst emphasized that they are pursuing the maximum penalties allowed by law in this case according to NM Political Report.
'My art is Southwest and Native American inspired,’ says Morrow of mural at UNM
By New Mexico Sun Report | Jul 17, 2023
Over the past seven months, Las Cruces-based artist Kathy Morrow has been hard at work every morning building a significant rock mural displayed in front of New Mexico State University's Golf Course.
Business and Social Hour (BASH) discussion about Albuquerque's crime crisis and important business updates
By Press Release | Jul 10, 2023
The New Mexico Business Coalition (NMBC) announced the ABQ Crime Crisis BASH (Business and Social Hour).
IPANM: 'We have concerns that the distance to be enforced under the State Land Office’s assumed discretionary authority is arbitrary and isn’t based on any definitive evidence of health impacts'
By T.H. Lawrence | Jul 5, 2023
New Mexico public education budgets largely depend on oil and gas. Schools highly dependent on the revenue generated from the industry to fund everything from teacher positions to interactive learning projects as well as the addition of new technology and custodial hours when needed.
Sandia manager on remote work: 'This offering...helps us tap into job markets we had only dreamed of'
By New Mexico Sun Report | Jun 29, 2023
Sandia National Laboratories is making a hybrid workforce a permanent option with plans to establish several hubs around the country that eventually will allow classified work to be done at secure locations other than those in New Mexico and California.
Former CFTC commissioner: 'Enforcement is not a substitute for GUIDANCE'
By New Mexico Sun Report | Jun 16, 2023
Brian Quintenz, the head of policy at Andreessen Horowitz and a former CFTC commissioner, is criticizing the U.S. Securities and Exchange Commission (SEC) for suing leading cryptocurrency exchanges for allegedly violating securities laws while industry participants and lawmakers are saying crypto companies need clearer rules to follow.