One of the largest cheese plants in the world and the largest single-site manufacturer of 40lb and 640lb block cheese, processing over 7 billion pounds of milk a year in Clovis. A joint venture between Glanbia plc (Kilkenny, Ireland; 50%) and the Greater Southwest Agency dairy cooperative. Over 380 employees; the anchor of Curry County's dairy economy.

Santa Fe developer of FLOW-3D computational fluid dynamics software, founded by a former Los Alamos National Laboratory scientist and cited by Sandia among the New Mexico companies built on national-laboratory technology.

Designs and manufactures additively-manufactured (3D-printed) solid rocket motors and small launch vehicles for orbital and suborbital launch and defense customers.

Early-stage Albuquerque medtech company developing a proprietary long-read DNA sequencing platform for precision-medicine applications. Backed by Cottonwood Technology Fund.

AI-powered drone threat detection and classification for defense and critical-infrastructure protection. Founded by Sonia Dagan; selected for NM LEEP Cohort 5, embedded at Los Alamos National Laboratory (announced January 2026).

Quantum-sensing platforms built for real-world deployment in defense, space and secure communication systems. Founded by Stephen Buchanan; selected for NM LEEP Cohort 5, embedded at Los Alamos National Laboratory (announced January 2026).

Albuquerque company building modular on-site steam methane reformers for distributed hydrogen production and a hydrogen transport-and-delivery network. Founded 2015; one of Cottonwood Technology Fund's most significant New Mexico investments.

Albuquerque developer of high-throughput flow cytometry instruments, founded 2018 and backed by Cottonwood Technology Fund. Acquired in October 2025 by Precision Cell Systems (PCS), a medical technology company headquartered in the San Francisco Bay Area; Albuquerque operations continue.

Albuquerque company commercializing fieldable aerosol mass spectrometers that identify airborne biological threats — spores, vegetative bacteria, viruses, bio-toxins and opioids. Tripled its Albuquerque corporate and manufacturing space. Backed by Cottonwood Technology Fund.

Enterprise Performance Management consulting firm. Ron Dimon is Advisory Services Partner. EPM implementation and strategy-to-execution roadmaps.

Albuquerque genomics company using circular RNAs as biomarkers to guide diagnosis and treatment of psychiatric and neurological disease, with roots in University of New Mexico research. Backed by Cottonwood Technology Fund.

Satellite-imagery and geospatial-AI analytics company founded by scientists who left Los Alamos National Laboratory to build it; backed by DCVC (Data Collective). Taken private by Antarctica Capital in 2022, then acquired by EarthDaily Analytics in 2024; still operating from its Santa Fe headquarters.

Wildfire risk-management platform for electric utilities, combining real-time situational awareness with long-term mitigation planning. Founded by Holly Eagleston; selected for NM LEEP Cohort 5, embedded at Los Alamos National Laboratory (announced January 2026).

Coal-fired generating station in San Juan County near Fruitland, operated by Arizona Public Service and slated for retirement in 2031. With the San Juan Generating Station — Farmington's largest employer until it closed in 2022 and was demolished — it was one of two coal plants that carried San Juan County's economy.

Freeport-McMoRan (FCX) is a leading international metals mining company headquartered in Phoenix, Arizona, operating large, long-lived, and geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company is based at the Freeport-McMoRan Center at 333 N. Central Ave. in Phoenix. It is one of the world's largest publicly traded copper producers.

Albuquerque materials-chemistry company whose EMPEL process finishes performance textiles without water, replacing conventional water- and PFAS-intensive fabric treatment. Backed by Cottonwood Technology Fund.

Nuclear decommissioning and restart specialist. Pursuing Palisades plant restart (Michigan). $500M own capital + ~$2B state/federal support.

Albuquerque micro-electro-mechanical systems (MEMS) manufacturer, cited by Sandia National Laboratories as one of the New Mexico companies built on lab technology partnerships (NMSBA, ESTT and licensing).

National-laboratory spinout developing advanced electrolysers for small-scale, affordable on-site hydrogen production integrated with renewable energy. Target applications include aviation, diesel-fuel replacement and powering data centers. City of record not yet confirmed.

Los Alamos National Laboratory spinout using proprietary ion-beam-assisted deposition (IBAD) to grow crystal-aligned thin films on flexible metal foils, enabling flexible LEDs and other high-performance electronics on non-crystalline substrates.