Latest News
By New Mexico Sun | Sep 20, 2023
The New Mexico Mortgage Finance Authority (MFA) has launched the Restoring Our Communities (ROC) Program to address the need for affordable housing in the state. The program, which began on September 1, 2023, aims to restore vacant houses and provide affordable housing opportunities. This initiative not only helps individuals and families find affordable homes but also revitalizes neighborhoods by eliminating vacant and deteriorating houses that lower property values and increase insurance costs for nearby homeowners.
By New Mexico Sun | Sep 20, 2023
The New Mexico Mortgage Finance Authority has recently announced that it will be allocating more than $2.2 million towards the expansion of the HOME Rehabilitation Program. This funding comes from a grant obtained through the federal HOME Investment Partnership Program, and will be used to revitalize residences occupied by eligible low-income homeowners across 25 counties and three Tribal Territories in the state.
By New Mexico Sun | Sep 13, 2023
The New Mexico Human Services Department has joined forces with the UNM Health Policy Center to conduct a survey on the public's attitude towards the application of Medicaid funding. The study, conducted by the newly established Center for Health Policy at The University of New Mexico's College of Population Health, aimed to gather insights and experiences of New Mexico residents regarding Medicaid.
By New Mexico Sun | Sep 9, 2023
Los Alamos National Laboratory's Emergency Management division has recently begun a forest thinning project in Rendija Canyon. The initiative aims to protect the community from severe wildfires and improve the overall health of the forest. Known as the Rendija Canyon Wildland Fire Fuels Reduction and Defensible Space Project, it will establish a fuel break covering 135 acres next to Rendija Canyon Road.
By New Mexico Sun | Sep 7, 2023
CME Group and CF Benchmarks have announced that they will be introducing new APAC Reference Rates for Bitcoin and Ether in September. The CME CF Bitcoin Reference Rate APAC (BRRAP) and CME CF Ether-Dollar Reference Rate APAC (ETHUSD_AP) will provide a daily reference point for the value of these cryptocurrencies in US dollars. These rates will be published at 4 p.m. Hong Kong/Singapore time.In addition to these new APAC-focused rates, non-tradable reference rates will also be introduced. The CME CF Bitcoin Reference Rate New York and CME CF Ether-Dollar Reference Rate New...
By New Mexico Sun Report | Sep 6, 2023
Los Alamos National Laboratory gathered components, during the summer months, for the installation of Crossroads, the laboratory's newest supercomputer, teaming with Hewlett Packard Enterprise (HPE), an on-site team and system provider, to finalize its connection to the lab's power and cooling distribution systems. Once the new system was operating, Los Alamos National Laboratory also announced the integration of fiber optical cables into the high-performance computing (HPC) network at the laboratory.
By New Mexico Sun | Aug 30, 2023
The New Mexico Mortgage Finance Authority (MFA) announced Monday it has been recognized as one of the distinguished organizations in the large company category by Albuquerque Business First in its 2023 ‘Best Places to Work Awards.’
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
