BlackVe Expands Spacecraft Manufacturing Headquarters in Albuquerque, New Mexico

New Mexico and the City of Albuquerque announced on June 22 a combined investment of more than $1.5 million in incentives to support BlackVe Inc., a defense and space technology company, in expanding its Albuquerque headquarters and scaling a 50,000-square-foot satellite manufacturing facility.

152 high-paying jobs

The project is projected to create 152 high-paying jobs over the next ten years and to generate more than $228 million in total economic impact for the state.

Multi-mission spacecraft

Founded in January 2024, BlackVe designs and manufactures multi-mission spacecraft using advanced production technologies intended to accelerate satellite development and operations.

Investing in the local workforce

BlackVe said in a company statement:

“This partnership is not just about building advanced spacecraft; it is about investing in the local workforce, creating high-quality STEM careers for New Mexicans and inspiring the next generation of home-grown innovators to reach for the stars.”