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Tag Archives: small business

Two small businesses added to Sandia National Laboratories’ Mentor-Protégé program

ALBUQUERQUE, N.M. — Sandia National Laboratories grew its Mentor-Protégé program from three companies to five with the addition of Dynamic Structures and Materials, LLC of Franklin, Tennessee, and Compunetics Inc., of Monroeville, Pennsylvania. The program not only helps small businesses develop and grow, but also helps foster long-term relationships that help Sandia achieve its mission. […]

New Mexico veteran-owned small business nominated for Department of Energy award

ALBUQUERQUE, N.M. — Pluma, LLC, has been nominated by Sandia National Laboratories as the Department of Energy’s Protégé of the Year as part of its Mentor-Protégé Program. Pluma, a general construction business started in Albuquerque, is one of five businesses Sandia accepted into the program with the mission of helping them grow with the labs’ […]

World’s fastest burst-mode X-ray camera hits the road

ALBUQUERQUE, N.M. — Nuclear reactions are fast. Really fast. Faster than billionths of a second. Your best shot at catching one is with a high-speed X-ray camera that can only be obtained from the Department of Energy’s Sandia National Laboratories. But these cameras could soon become more widely available. Sandia has partnered with Albuquerque-based startup Advanced […]

Economic impact: Sandia Labs tops $4.2B in spending for first time, added 480 jobs in FY22

ALBUQUERQUE, N.M. — For the first time, Sandia National Laboratories’ contributions to the economy have topped $4.2 billion in a fiscal year, supporting individuals, families and businesses at an unprecedented level. Total spending in fiscal year 2022, which ended Sept. 30, was $312 million more than the previous fiscal year. The spending includes labor, subcontracts, […]

Economic impact: Sandia spends $3.9B, exceeds small-business goals

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 includes labor, subcontracts, purchases and other expenditures. “We are proud of the story […]

Small IT business wins Sandia’s largest single subcontract

ALBUQUERQUE, N.M. — Sandia National Laboratories awarded an information technology subcontract of potentially up to $700 million over a possible seven years to a New Mexico small business. This is the largest subcontract Sandia has issued to date. “It’s a big deal and a huge win for the small-business community,” said Sandia subcontract manager Ally […]

Economic Impact: Sandia Labs injects $3.76B into economy

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 businesses, especially smaller companies, which […]

First companies picked for Sandia’s new Mentor-Protégé Program

ALBUQUERQUE, N.M. — Sandia National Laboratories has selected three companies as its first protégés in a new partnership program designed to help small businesses develop and build solid foundations when competing for federal and industry opportunities. “Sandia was looking for small businesses that wanted to grow and learn, and we believe we’ve found three great […]

Economic Impact: Sandia Labs spends $3.68B

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. “We will keep building on […]

Security in a heartbeat

ALBUQUERQUE, N.M. — A thumbprint to unlock a door. An eye scan to unlatch a vault. Both were once ideas of the future that may become things of the past if current research is successful. Sandia National Laboratories is collaborating with a New Mexico small business to test and develop a biometric security system based […]

Sandia debuts small-business partnership program

ALBUQUERQUE, N.M. — Sandia National Laboratories today launched a mentor-protégé program to assist small business development and enhance a company’s ability to build a solid foundation to compete for larger and more federal and industry opportunities. Sandia’s mentor-protégé program was unveiled during a small-business forum at the University of New Mexico Lobo Rainforest. More than […]

Second Act: Sandia retirees band together to help small businesses with tech challenges

ALBUQUERQUE, N.M. — Retirement means different things to different people. To Mike Murphy it wasn’t about TV and golf, not after logging 40 years as an electrical engineer in the nuclear weapons program at Sandia National Laboratories. He wanted to put his experience to work. Murphy, who retired in 2009, was running his family’s cattle […]

Sandia Labs spending tops $1 billion on goods and services, economic impact booms in FY18

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 billion with nearly half a […]

Sandia offers NM small businesses opportunity to thrive

ALBUQUERQUE, N.M. — Offering developing New Mexico small businesses additional opportunities to compete and grow, Sandia National Laboratories has launched a 5 percent pricing preference for qualified companies. “Sometimes it’s challenging for small New Mexico businesses to compete with out-of-state companies or larger businesses,” Labs Director Steve Younger said. “We’re committed to New Mexico, and […]

Small, NM businesses key factor in Sandia’s 2017 economic impact

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 utilization of small businesses,” said […]