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Tag Archives: economic impact

Sandia Science & Technology Park fuels economy with jobs, tax revenue

ALBUQUERQUE, N.M. — The $2.3 billion worth of economic activity generated by the Sandia Science & Technology Park (SS&TP) since it was established in 1998 has produced more than $89 million in tax revenue for the state of New Mexico and $12.9 million for the city of Albuquerque in the past 16 years. That’s the […]

Sandia Labs plans partnership center to boost collaboration, tech transfer

ALBUQUERQUE, N.M. — Sandia National Laboratories will pursue a Center for Collaboration and Commercialization to strengthen partnerships, technology transfer and ties to the community. The center, known as C3, will support the city of Albuquerque’s and the University of New Mexico’s Innovation District and Innovate ABQ initiatives. C3 will offer programming and services to boost […]

Showcase to spur commercialization of Sandia technologies

ALBUQUERQUE, N.M. — A showcase that brought Sandia National Laboratories’ cutting-edge research and technology to the community the past two years has a new look and target audience. Instead of an annual daylong gathering open to the public, the re-envisioned Sandia Technology Showcase will become a yearlong series of events geared to investors and entrepreneurs. […]

New way to report purchases better shows how Sandia Labs spends money

ALBUQUERQUE, N.M. — Sandia National Laboratories has changed the way it categorizes purchased goods and services by linking each acquisition to a specific industry code. “This change in our data systems allows Sandia to better describe to our stakeholders, customers and the general public how we spend our money,” said Don Devoti, manager of the […]

Tech transfer awards salute innovation, commercialization at Sandia Labs

ALBUQUERQUE, N.M. — Sandia National Laboratories won four regional awards from the Federal Laboratory Consortium (FLC) for its work to develop and commercialize innovative technologies. The FLC is a nationwide network of more than 300 members that provides the forum to develop strategies and opportunities for linking laboratory mission technologies and expertise with the marketplace. […]

Moly 99 reactor using Sandia design could lead to U.S. supply of isotope to track disease

ALBUQUERQUE, N.M. — An Albuquerque startup company has licensed a Sandia National Laboratories technology that offers a way to make molybdenum-99, a key radioactive isotope needed for diagnostic imaging in nuclear medicine, in the United States. Known as moly 99, it is made in aging nuclear reactors outside the country, and concerns about future shortages […]

Scientists help entrepreneurs make business dreams come true

ALBUQUERQUE, N.M. — Bill Watts knows a thing or two about data-center computers. One is that they’re dangerous to move. “A server cabinet is 8 feet tall with 3,500 pounds of equipment,” he said. “If it starts to tip over, there’s no way you can stop it.” Watts, an Intel Corp. veteran who at one […]

Tech transfer program shares Sandia’s science, creates jobs for two decades

ALBUQUERQUE, N.M. — For 20 years, Sandia National Laboratories researchers have been able to leave to start or join small companies, knowing they can return. Their work has made a difference: creating jobs, bringing Sandia expertise into the private sector and boosting economic development, a new survey shows. “The Entrepreneurial Separation to Transfer Technology (ESTT) […]

Pocket-sized anthrax detector aids global agriculture

ALBUQUERQUE, N.M. — A credit-card-sized anthrax detection cartridge developed at Sandia National Laboratories and recently licensed to a small business makes testing safer, easier, faster and cheaper. Bacillus anthracis, the bacteria that causes anthrax, is commonly found in soils all over the world and can cause serious, and often fatal, illness in both humans and […]

Entrepreneur teams with Sandia scientists to bring life-saving vaccines to far reaches of the world

ALBUQUERQUE, N.M. — Getting life-saving vaccines to the most remote parts of the world is no easy feat. Biopharmaceuticals are highly sensitive to heat and cold and can perish if their temperature shifts a few degrees. “The vast majority of the world’s population lives in areas where electricity and refrigeration are not reliable,” said Bruce […]

Cargo security partnership takes home national tech transfer award

ALBUQUERQUE, N.M. — Sandia National Laboratories and two collaborators won the national Federal Laboratory Consortium’s 2014 Interagency Partnership Award. The award recognizes agency and/or laboratory employees from at least two organizations who together did outstanding work in transferring technology. The winning partnership included Sandia, the Space and Naval Warfare Systems Command (SPAWAR) Systems Center Pacific […]

Economic impact report spotlights Sandia’s commitment to business

ALBUQUERQUE, N.M. — Sandia National Laboratories spent roughly $975 million on goods and services in fiscal year 2013 and New Mexico businesses were awarded more than $420 million, or 43 percent, of the total, according to the labs’ latest economic impact report. U.S. small businesses received nearly $500 million in Sandia contracts, with the New […]

Sandia Labs wins five regional FLC tech transfer awards

ALBUQUERQUE, N.M. — Sandia National Laboratories won five regional awards from the Federal Laboratory Consortium (FLC) for its work to develop and commercialize innovative technologies. The FLC’s Far West/Mid-Continent regions gave Outstanding and Notable Technology Development awards to Sandia’s: SpinDx medical diagnostic tool; Sandia Cooler, which reduces energy to cool computer processor chips; and Self-Assembled […]

Scientists team with entrepreneurs to make business happen

ALBUQUERQUE, N.M. — Hurricane Katrina whipped up huge, powerful waves that caused severe destruction in 2005 along the Gulf Coast from Florida to Texas. The size and strength of the waves convinced Phil Kithil of Santa Fe there had to be a way to harness that energy. His invention of a pump that converts wave power […]

Sandia awards information technology contracts to three firms

ALBUQUERQUE, N.M. – Sandia National Laboratories has issued three information technology contracts totaling $353 million over a potential term of seven years. The awards streamline IT contracting at the labs. “These contracts replace current IT contracts that are expiring,” said Chris Slater of the Sandia Procurement group. “We are integrating multiple service contracts to create […]