economic impact

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Sandia Science & Technology Park injecting billions into state economy
August 21, 2024 • A study by the Mid-Region Council of Governments shows that over the last 25 years, businesses located within the Sandia Science & Technology Park paid out $7.7 billion in wages in the five-county region of Bernalillo, Sandoval, Valencia, Torrance and southern Santa Fe counties.
Categories: Science / Technology / Engineering, Technology transfer / Economic Impact
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Sandia pumps $140B into the economy through technology development
April 2, 2024 • ALBUQUERQUE, N.M. — To say that the technology and products Sandia National Laboratories researchers have helped imagine, innovate and industrialize have had a massive impact on the country would be an understatement. Two studies commissioned by Sandia and the National Nuclear Security Administration show Sandia’s work has had an overall...
Categories: Science / Technology / Engineering, Technology transfer / Economic Impact
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Invitation: Sandia Labs’ 20-year economic impact announcement
March 27, 2024, Media Advisory • ALBUQUERQUE, N.M. — To say that the technology and products that Sandia National Laboratories researchers have helped imagine, innovate and industrialize have had a massive impact on the country would be an understatement. Two studies commissioned by Sandia and the National Nuclear Security Administration show Sandia’s work has had a...
Categories: Media advisories, Science / Technology / Engineering
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Sandia Science & Tech Park continues to strengthen economy
August 10, 2022 • ALBUQUERQUE, N.M. — A new, independent report concluded that the Sandia Science & Technology Park continues to be a major contributor to Albuquerque’s regional economy. Since it was established in 1998, companies and organizations in the research park have paid nearly $7.2 billion in wages and generated more than $4...
Categories: Technology transfer / Economic Impact
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Roadsigns mark the intersection of Research Road and Innovation Parkway

Economic impact: Sandia spends $3.9B, exceeds small-business goals
January 12, 2022 • ALBUQUERQUE, N.M. — Supporting a growing workforce and a wide range of businesses, Sandia National Laboratories contributed an all-time high of $3.9 billion into the economy during fiscal year 2021. This is about $139 million over the previous fiscal year. The spending inc…
Categories: Operations / Budget, Technology transfer / Economic Impact
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CRADAs, licenses lead to billions in economic impact since 2000
April 15, 2021 • ALBUQUERQUE, N.M. — Cooperative Research and Development Agreements and patent license agreements between Sandia National Laboratories and outside partners led to billions in economic impact and supported tens of thousands of high-paying jobs every year for the last two decades, according to a recent study on national economic contributions. CRADAs...
Categories: Technology transfer / Economic Impact
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Economic Impact: Sandia Labs injects $3.76B into economy
January 27, 2021 • ALBUQUERQUE, N.M. — Driven by the purchasing of goods and services and payroll, Sandia National Laboratories injected an all-time high of more than $3.76 billion into the economy in fiscal year 2020. “It’s no secret that the second half of the year was tough on a lot of people and...
Categories: Community / Education, Technology transfer / Economic Impact
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Ecoomic Impact 2020 cover

Sandia Science & Tech Park spurs economic growth
August 12, 2020 • ALBUQUERQUE, N.M. — A new, independent report has concluded that the Sandia Science & Technology Park contributed significantly to the local economy in 2018-19 by adding 310 jobs and generating increases in economic activity and tax revenue to the city and New Mexico. The report by the Mid-Region Council of...
Categories: Technology transfer / Economic Impact
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Economic Impact: Sandia Labs spends $3.68B
January 15, 2020 • ALBUQUERQUE, N.M. — Sandia National Laboratories pumped an all-time high of nearly $3.68 billion into the economy in fiscal year 2019 by spending on goods, services, payroll, taxes and other payments, Labs Director James Peery announced today. “Sandia is proud of the past success but will not rest,” Peery said....
Categories: Community / Education, HR / Personnel, Operations / Budget
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Photo of Economic Impact Brochure cover

Sandia Labs spending tops $1 billion on goods and services, economic impact booms in FY18
January 17, 2019 • ALBUQUERQUE, N.M. — Sandia National Laboratories spent nearly $1.3 billion on goods and services in fiscal year 2018, with spending on New Mexico companies up by $55 million compared to the previous year, according to the labs’ latest economic impact report. “We had a really good year and topping $1...
Categories: HR / Personnel, Operations / Budget, Technology transfer / Economic Impact
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Sandia engineer and Westwind owners looking at Astra supercomputer.

Sandia Science & Technology Park celebrates 20 years, announces positive economic impact
August 24, 2018 • ALBUQUERQUE, N.M. — The Sandia Science & Technology Park, home to 26 buildings, 47 companies and organizations and more than 2,050 jobs celebrated its 20th anniversary Friday and highlighted the park’s economic impact through 2017. Sandia National Laboratories Director Steve Younger joined Albuquerque Mayor Tim Keller at SolAero Technologies Corp....
Categories: Science / Technology / Engineering, Technology transfer / Economic Impact
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Small, NM businesses key factor in Sandia’s 2017 economic impact
January 10, 2018 • ALBUQUERQUE, N.M. — Sandia National Laboratories increased its spending with small companies in New Mexico and nationwide in fiscal year 2017, according to the labs’ latest economic impact report. “These annual numbers show that Sandia continues to make a positive impact on the New Mexico and national economies, particularly through...
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NM construction companies awarded $135 million in Sandia contracts
May 25, 2017 • ALBUQUERQUE, N.M. — Fourteen New Mexico companies, most of them small businesses, have been chosen to provide about $135 million in general, electrical, mechanical and civil construction work at Sandia National Laboratories. The companies are subcontractors for the labs and will compete for individual construction projects as they occur, said...
Categories: Operations / Budget, Technology transfer / Economic Impact
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Sandia’s solar glitter closer to market with new licensing agreement
January 31, 2017 • ALBUQUERQUE, N.M. — An Albuquerque company founded by a Sandia National Laboratories scientist-turned-entrepreneur has received a license for a “home-grown” technology that could revolutionize the way solar energy is collected and used. The licensing agreement was signed Jan. 23 between mPower Technology Inc. and Sandia for microsystems enabled photovoltaics (MEPV)....
Categories: Energy / Environment / Water, Renewable energy, Science / Technology / Engineering, Technology transfer / Economic Impact
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Small, NM businesses key factor in Sandia’s 2016 economic impact
January 12, 2017 • ALBUQUERQUE, N.M. — Sandia National Laboratories spent more than $1 billion on goods and services in fiscal year 2016, up more than $56 million from the previous year, and New Mexico businesses received more than $381 million, or 37 percent of the total, according to the labs’ latest economic impact...
Categories: Operations / Budget, Technology transfer / Economic Impact
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Kirk McWethy, owner and president of SDV Construction Inc. of Albuquerque, has been a Sandia contractor since 2006. His service-disabled veteran-owned small business has 44 employees and has completed numerous construction projects at the Labs, including an addition to Bldg. 905 shown in this photo. “I love being a Sandia contractor because it is a true partnership. Both sides work to make the other successful,” says McWethy, an Air Force veteran. “The people at Sandia want us to succeed and continue to grow.” (Photo by Randy Montoya) Click on the thumbnail for a high-resolution image.

Face to face: Sandia Labs invites businesses to talk contracts
December 12, 2016 • ALBUQUERQUE, N.M. — Companies that want to supply products and services to Sandia National Laboratories have a new way to learn the ropes. Sandia now is offering open houses where small and diverse suppliers can talk to staff and contracting experts about doing business with the labs. The first open...
Categories: Technology transfer / Economic Impact
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Sandia National Laboratories supplier diversity specialist Patricia Brown, right, and Theresa Carson, senior manager of Policy, Assurance and Outreach, greet business owners at a Sandia supplier open house. (Photo by Lonnie Anderson)

Sandia Labs, Singapore join forces to develop energy storage
December 6, 2016 • ALBUQUERQUE, N.M. — Sandia National Laboratories has signed a Cooperative Research and Development Agreement (CRADA) with the government of Singapore’s Energy Market Authority (EMA) that will tap into the labs’ expertise in energy storage. EMA is the statutory body in Singapore responsible for ensuring a reliable and secure energy supply,...
Categories: Energy / Environment / Water, Renewable energy, Technology transfer / Economic Impact
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Dan Borneo, center in blue shirt, and other researchers from Sandia National Laboratories met with government representatives in the Southeast Asian island city-state of Singapore. Sandia will help Singapore’s Energy Market Authority set up the country’s first grid energy storage test-bed through a Comprehensive Research and Development Agreement. (Photo courtesy of Sandia National Laboratories) Click on the thumbnail for a high-resolution image.

Sandia Science & Technology Park gives local economy a major boost
December 2, 2016 • ALBUQUERQUE, N.M. —The Sandia Science & Technology Park (SS&TP) has generated $2.6 billion worth of economic activity and produced more than $103 million in tax revenue for the state of New Mexico and $15.2 million for the City of Albuquerque since it was established in 1998. That’s the conclusion of...
Categories: Technology transfer / Economic Impact
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Katie Wieck is a student at the Technology Leadership High School, one of the 40-plus businesses and organizations in the Sandia Science & Technology Park. (Photo by Randy Montoya) Click on the thumbnail for a high-resolution image.

Lab know-how: Small companies grow with a technical leg up from Sandia, Los Alamos labs
June 14, 2016 • ALBUQUERQUE, N.M. — Imagine driving a car with no fuel gauge and no idea how big the gas tank is. You want to go as far as possible before filling up but not so far that you sputter to a halt. “That’s what it’s like to operate an electric plane...
Categories: Science / Technology / Engineering, Technology transfer / Economic Impact
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Sandia Labs tapped again to lead national solar evaluation centers
May 3, 2016 • ALBUQUERQUE, N.M. — Sandia National Laboratories won a three-year renewal of a Department of Energy contract to manage the U.S. Regional Test Centers (RTCs), a network of five sites across the country where industry can assess the performance, reliability and economic viability of solar photovoltaic (PV) technologies. The program currently...
Categories: Renewable energy, Technology transfer / Economic Impact
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Interactive map shows thousands of Sandia Labs collaborations across U.S.
March 3, 2016 • ALBUQUERQUE, N.M. — Sandia National Laboratories signed more than 5,000 U.S. partnership agreements in the past five years touching every state in the country, and has created an online map that brings them to life. “The map illustrates the amazing breadth of work Sandia does with industrial, university, government and...
Categories: Technology transfer / Economic Impact
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Sandia Labs takes home three national tech transfer awards
February 4, 2016 • ALBUQUERQUE, N.M. — Sandia National Laboratories won the Federal Laboratory Consortium’s (FLC) 2016 Award for Excellence in Technology Transfer for a decontamination product that neutralizes chemical and biological agents and for software that helps emergency responders disable improvised explosive devices (IEDs). Business development specialist Bianca Thayer was named Outstanding Technology...
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Sandia Labs spending, economic impact up in 2015
January 21, 2016 • ALBUQUERQUE, N.M. — Sandia National Laboratories spent roughly $983 million on goods and services in fiscal year 2015, up nearly $21 million from the previous year, and New Mexico businesses received more than $381 million, or 39 percent of the total, according to the labs’ latest economic impact report. U.S....
Categories: Operations / Budget, Technology transfer / Economic Impact
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DOE aims to boost economy through national lab tech transfer
October 29, 2015 • ALBUQUERQUE, N.M. — The U.S. Department of Energy (DOE) is intensifying efforts to move technology developed at the national laboratories into the private sector to boost the economy and create jobs, says the acting director of the department’s new Office of Technology Transitions. “Tech transfer is a mission of the...
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Results 1–25 of 51