BlackVe Inc. Expand Albuquerque, New Mexico, Operations

Area Development News Desk

06/21/2026

Space and defense technology company BlackVe plans to expand its operations in Albuquerque, New Mexico. The project is expected to create 152 jobs over the next 10 years.

The company’s new 50,000-square-foot light-industrial satellite manufacturing facility will support the production of multi-mission spacecraft.

“BlackVe is deeply proud to partner with New Mexico and the Albuquerque community, a region whose rich aerospace heritage matches our own vision for the United States in space,” said Dr. Peter Wegner, CEO of BlackVe. “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.”

To support the project, the State of New Mexico is providing $1 million through the Local Economic Development Act (LEDA) fund, while the City of Albuquerque is contributing $250,000 in local LEDA funds and a 20-year Industrial Revenue Bond. In addition, BlackVe has been awarded up to $295,000 through New Mexico’s Job Training Incentive Program (JTIP) to hire and train employees. JTIP reimburses companies for a portion of trainee wages during the training period.

“New Mexico’s long legacy in defense and aerospace is today’s launchpad for future-focused innovation and growth,” noted New Mexico Economic Development Cabinet Secretary Rob Black. “By expanding their spacecraft manufacturing and operations in Albuquerque, BlackVe is creating high-paying jobs while strengthening our state’s role in national security and space resilience.”

BlackVe develops and manufactures multi-mission spacecraft using advanced production technologies designed to accelerate satellite design, manufacturing, and operations. The company serves customers in the defense, aerospace, and national security sectors.

“BlackVe represents exactly the kind of company we want building its future in Greater Albuquerque: innovative, mission-focused and operating at the forefront of national security technology,” added Chad Matheson, President and CEO of the Albuquerque Regional Economic Alliance. “Its expansion further strengthens a growing ecosystem of aerospace and defense companies that are shaping the future of space while creating high-value opportunities for New Mexico's workforce.”

“This is a strong win for Albuquerque’s advanced manufacturing economy,” said Albuquerque Economic Development Director Max Gruner. “With LEDA support, an IRB and JTIP training resources, BlackVe can scale a 50,000-square-foot satellite manufacturing facility here, creating great jobs and delivering real returns as they hit hiring and construction benchmarks.”

Recent Project Announcements