New Mexico commits US$25 million to boost quantum technologies
The New Mexico Economic Development Department has opened a call for proposals seeking access to a $25 million grant. The funds will be used to create an innovation center and a risk study focused on the development and commercialization of quantum technologies.
The initiative, under the responsibility of the state’s Office of Strategy, Science and Technology, contemplates a maximum investment of US$12.5 million for the construction of physical infrastructure, and a similar amount to operate a program to evaluate risks and opportunities in the quantum field. The projects are expected to combine innovation spaces with technical and financial support mechanisms that drive business development, talent attraction and private investment.
The funds were approved during the 2025 legislative session and are part of the state’s plan to position New Mexico as a leader in quantum technology, an area with emerging applications in energy, communications and materials science.
In 2024, the state joined the Elevate Quantum consortium, along with Colorado and Wyoming. This group was designated as the nation’s first Quantum Tech Hub under the federal Economic Development Administration’s Tech Hubs program. Consortium participants include Sandia and Los Alamos National Laboratories, the University of New Mexico and Central New Mexico Community College.
In addition, New Mexico is promoting the Quantum Moonshot proposal to the National Science Foundation, with the goal of strengthening dual-use technologies that serve both civilian and national security needs.
Entities interested in participating should consult the guidelines at edd.newmexico.gov/public-notices. The deadline for submitting proposals is June 24, 2025. A pre-proposal conference will be held on June 5. Resources will be managed by the Office of Strategy, Science and Technology, which will soon become the Office of Technology and Innovation.
