New Mexico Flying 40

The New Mexico Flying 40 awards--given to the state’s fastest-growing technology-based businesses.

New Mexico’s future is technology; and New Mexico’s future is bright. Jobs at the Flying Forty increased from 2,590 in 2004 to more than 4529 in 2008, a 75 percent increase. Revenue increased from $483 million in 2004 to over $890 million in 2008, an 84 percent increase.

The greater Albuquerque region, Forbes says is the single best place for business and careers and it’s these technology-based companies that caused Forbes to rank us no. 1.  New Mexico was ranked "First in Venture Capital Investment Growth" from 1997 to 2007 by the National Venture Capital Association. Last year was a difficult year for everyone in business and our technology-based economy sector was no exception.  Given these challenges, the Flying 40 is an example of the finest New Mexico has to offer.

The New Mexico Technology Flying 40 Program is sponsored by KPMG, LLP, New Mexico Bank & Trust, the Albuquerque Journal Business Outlook, the Albuquerque Isotopes, the Sandia Science & Technology Park Development Corp. (SSTPDC) and Technology Ventures Corporation.

The Flying 40 is a selection of the top 40 revenue-generating technology companies in the state of New Mexico. The selection criteria are based on revenue and revenue growth.

We are encouraging companies to consider applying even if revenues trailed off in 2009.  In any case, we wll honor 40 companies on June 22, 2010.

The New Mexico Technology Flying Forty awards annually recognize the forty fastest-growing technology companies headquartered in New Mexico. The program, now in its thirteenth year, invites companies to participate in one of three categories:


1. The top revenue growth companies with revenues between $1 million and $10 million.
2. The top revenue growth companies with revenues of more than $10 million.
(Categories 1 and 2 will be calculated on the percentage of revenue growth between 2005 and 2009).
3. The top revenue-producing technology companies irrespective of revenue growth.

 

Apply today: Download the Flying 40 Application HERE.

Deadline: Friday March 19, 2010

Questions? Contact Roberta Eads, 505-843-4205

 

 

 

The 2009 New Mexico Technology Flying 40:

The Flying 40 2009 were recognized at an awards luncheon at the Albuquerque Isotopes Ballpark on Wednesday, June 17, 2009. In addition to naming the official Flying 40 for 2009, Honorable Mentions were given to four Falcon award recipients as well as a new award category, the Hawk Award.

Abba Technologies, Inc.
Affordable Solar Group
Applied Research Associates, Inc.
Applied Technology Associates
Aspen Avionics, Inc.
Asset Performance Technologies, inc.
Biomoda Inc.
Commercial Data Systems
CVI Melles Griot
Daniel B. Stephens & Assoc.
Deep Web Technologies, LLC
Delta Group Electronics, Inc.
DeVore Aviation Corporation of America
Digital Traffic Systems, Inc.
Energy Control, Inc.
Erin Adams Design
Great River Technology, Inc.
Holman’s, Inc.
Holochip Corporation
HT Micro Analytical, Inc. 
Innovasic Semiconductor
Ktech Corporation
Management Sciences, Inc.
Mechtronic Solutions, Inc.
MZA Associates Corporation
Optomec Inc.
PhDx Systems, Inc.
Sacred Power Corporation
Sagebrush Technology, Inc.
Satwest LLCSenspex, Inc.
Senspex, Inc.
Source Technologies, Inc.
Speridian Technologies
Stolar Research Corp.
Strategic Analytics Inc.
Tau Technologies LLC
TEAM Technologies
Technology Management Company. Inc.
TMC Design Corporation
ZTEC Instruments, Inc.

2009 Falcon Award:

Advanced Logistics Support Corporation (ALS)
CAaNES, LLC
Caldera Pharmaceuticals, Inc.
Head Engineering Services LLC

2009 Hawk Award:

Hyperion Power Generation

Latest News

  • Apply for the New Mexico Technology Flying 40

    Applications are now being taken for the 2010 New Mexico Technology Flying 40 program. New Mexico’s Flying 40 awards will be given to the state’s fastest growing technology-based businesses. The deadline for applications to be submitted is Friday, March 19, 2010. read more »

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