The New Mexico Economic Development Department has announced a $25 million investment to establish a quantum venture studio in partnership with Roadrunner Venture Studios. The initiative is designed to boost innovation and growth in the quantum technology sector, with the Quantum New Mexico Institute (QNM-I)—a collaboration between The University of New Mexico, Sandia National Laboratories, and Los Alamos National Laboratory—joining as a core partner.
The QNM-I headquarters will be located at the Roadrunner facility. This site aims to serve as a central hub for national lab researchers, university experts, startups, and investors to collaborate on quantum technology advancements.
“UNM’s participation in the quantum venture studio underscores our commitment to advancing innovation while strengthening the vitality of Downtown Albuquerque and New Mexico’s role in the quantum economy,” said UNM President Garnett Stokes.
Plans for the studio include providing access to advanced quantum computing resources, specialized equipment such as dilution refrigerators, and support for building new quantum startups. A private capital group focused on supporting local companies will also be part of this effort. In addition, commercialization training will be offered for scientists, engineers, and entrepreneurs. The project includes developing a new technology district in downtown Albuquerque intended to create high-value jobs and have lasting economic effects.
“Quantum Information Science and Engineering have deep roots in New Mexico through decades of foundational work at UNM, Sandia, and LANL,” said Bob Ledoux, Quantum New Mexico Institute director. “The QNM-I brings together these three institutions to accelerate research, develop a skilled quantum workforce, and foster statewide innovation. By partnering with Roadrunner, we’re connecting world-class science directly to entrepreneurial growth—ensuring that New Mexico doesn’t just lead in discovery but thrives economically in the quantum future.”
Part of the investment will fund a new translational fellowship at UNM aimed at increasing student involvement from across New Mexico in quantum research and encouraging business expertise to help turn scientific ideas into commercial ventures.
More information about these efforts can be found by visiting the Quantum New Mexico Institute website.
