New Mexico Economic Development Department Awards Solstar Space $100,000 Grant

State awards grants to five New Mexico tech companies

SANTA FE — Five New Mexico technology companies received up to $100,000 in state matching grants to accelerate innovations in space communications, advanced energy, aerospace, and bioscience.

The grants were awarded by the New Mexico Economic Development Department’s Technology and Innovation Office through its Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) Matching Grant program, which supports local for-profit science and technology companies that have secured federal SBIR/STTR funding. The grants specifically support scalable startups that can grow and diversify New Mexico’s economy.

“By investing in homegrown companies, we’re fueling the innovation that will power our future,” said Rob Black, EDD Cabinet Secretary. “These businesses are tackling major challenges, from clean energy to national security, and helping build a stronger, more resilient economy right here in New Mexico.”

Companies receiving a $100,000 match for Phase II awards:

Solstar Space Co. (Santa Fe) is pioneering the use of Space Wi-Fi for all types of on-orbit assets. Solstar Space provides a secure internet connection between spacecraft and Earth-based payload managers and satellite operators, and enables communications for crewed missions in sub-orbit, LEO, cis-lunar, and lunar surface operations.