NEW MEXICO – X2nSAT, a Las Cruces-based company, was one of the companies selected by the New Mexico Economic Development Department’s (EDD) Job Training Incentive Program (JTIP) Board.
The company will receive a total of US$2.6 million to train two apprentices as part of the program that during February approved funding of US$$1.6 million to assist eight New Mexico companies in training 94 employees, according to Mark Roper, EDD Acting Secretary.
X2nSAT is a full-service satellite network operator at the forefront of satellite communications technology. The company offers a variety of broadband and data transmission services.
The Job Training Incentive Program (JTIP) makes these monthly allowances for companies to expand and hire locally. Companies are reimbursed a percentage of training costs for new and current employees and trainees. In February, grants were awarded to companies in Albuquerque, Corrales, Las Cruces, Moriarty and Santa Fe.
“Employers throughout New Mexico continue to use JTIP as a tool to hire and upskill their workforce,” Roper said. “This program becomes more vital in a tight labor market when we need to invest in and support our current workers so they can learn new skills, earn a higher wage and stay in New Mexico.”
The February awards will help a total of 94 employees – 56 new apprentices and 38 incumbent employees with wages averaging between $24.25 and $58.47.
In February, JTIP grants were awarded to Adelante Consulting in Corrales; BlueHalo LLC, Serbin Machining Inc, Kairos Power and STEM Boomerang LLC in Albuquerque; Parting Stone LLC in Santa Fe; Sceye Inc in Moriarty, as well as X2nSAT in Las Cruces.