A company specializing in space exploration, intelligence mission solutions, and missile defense is building out a major facility space in Albuquerque.
The Arlington, Virginia-based BlueHalo, wants to make operational a research and development facility that will go up near the intersection of Gibson Boulevard and Carlisle Boulevard SE.
To that end, the company is receiving up to $2.5 million from the New Mexico Economic Development Department in the form of a Local Economic Development Act grant.
The project is additionally expected to receive $250,000 in LEDA funding through the City of Albuquerque’s Economic Development Department.
The new home for BlueHalo is more specifically known as the Max Q, a 70-acre mixed-use site at the edge of the Kirtland Air Force Base.
In a statement, New Mexico Governor Michelle Lujan Grisham said the BlueHalo initiative is the “kind of economic expansion and partnership that New Mexicans can get excited about.”
The Governor added that BlueHalo “represents an excellent investment in our ongoing efforts to diversify and accelerate our economy.”
It is expected that the company will ultimately spend upwards of $60 million on its new Albuquerque location.
In a press release announcing its new Albuquerque facility, BlueHalo said it focuses on “inspired engineering to develop, transition and field next generation capabilities.”
Earlier this month, BlueHalo announced that it had entered into an agreement to acquire the Design and Development Engineering Services Corporation of Albuquerque, which specializes in the design and production of space-qualified electronic systems for Class-A spacecraft.
By Garry Boulard