New Mexico Quantum Technologies Award

Apply for the New Mexico Quantum Technologies Award, offering up to $200,000 in funding for early-stage quantum and advanced technology companies. Home Grants New Mexico Quantum Technologies Award New Mexico Quantum Technologies Award The New Mexico Quantum Technologies Award (NMQTA) is a competitive, state-funded grant that awards non-dilutive funds to early-stage companies working in quantum and quantum-enabling technologies that are located in New Mexico or are in the process of establishing a presence in New Mexico. Through this award, the New Mexico Economic Development Department ultimately seeks to support the growth or relocation of quantum technology companies in New Mexico to expand our economic base through business support and fostering the creation of new tech sector jobs. The Technology and Innovation Office (TIO) seeks to make awards of up to $200,000 each to eligible companies. Eligibility Eligible applicants must: Must have a company formed that has received a previous form of outside funding Must affirm their ability to establish a company presence in New Mexico during the grant period of performance – company presence in New Mexico includes having a NM Business Tax Identification Number (BTIN) (previously CRS Tax ID Number), a physical NM address, EIN number, and employees physically present and working in New Mexico Must agree to maintain a company presence in New Mexico (including a physical space and at least one employee physically present in New Mexico) for two years post award Applications are now closed. Past Awardees 2026 Bandelier Technologies $200,000 Bandelier Technologies is a Santa Fe-based quantum sensing company bridging the gap between breakthrough quantum science and real-world deployment, building quantum hardware systems and the AI models that unlock their operational potential. Working in close partnership with Los Alamos National Laboratory through the NM Lab-Embedded Entrepreneur Program, Bandelier develops sensing and network intelligence platforms for critical infrastructure applications. Conductor Quantum $200,000 Conductor Quantum is building AI software that operates and scales quantum computers. Its goal is quantum superintelligence: an AI agent that operates a quantum computer to make discoveries beyond the reach of the most gifted human minds. The company’s flagship the natural language interface for quantum computing, enabling anyone or any agent to use a quantum computer. Coda is used today by employees at technology companies including NVIDIA and Arm. Based in San Francisco, the company will use this funding to expand operations into New Mexico. Mesa Photonics $200,000 Mesa Photonics is a Santa Fe-based company developing a squeezed laser source for scientific and research applications. Its goal is to provide an innovative, turnkey system that features a highly refined form factor and an intuitive user interface. This ultrafast, spectrally broad system utilizes advanced optical detectors and closed-loop electronic control to enable seamless integration into early-stage quantum technology development. Mesa Quantum $200,000 MesaQuantum Systems Inc. is a venture-backed company driving the commercialization of chip-scale quantum clocks and sensors engineered for volume manufacturing. Mesa Quantum develops quantum-optimized VCSELs (Q-VCSEL™) that serve as photonic building blocks for next-generation quantum sensing and computing systems. With expertise drawn from Sandia and NIST national laboratories in vapor cell-based devices, Mesa Quantum’s vision is to make quantum clocks and sensors small enough and affordable enough for mass-market applications. Mesa Quantum was awarded the pilot Quantum Technologies Award in 2025 and will use this funding to build on work previously enabled by the state, including expanding its footprint in Albuquerque. Photon Queue $200,000

The Technology and Innovation Office (TIO) seeks to make awards of up to $200,000 each to eligible companies. Eligibility