Los Alamos National Laboratory awarded approximately $100,000 each to four startup companies in northern New Mexico.
The grants come from LANL’s Venture Acceleration Fund, which provides investments of up to $100,000 to regional entrepreneurs, companies, investors or strategic partners who use LANL technology or expertise to create or grow local businesses.
Grant recipients include:
• Adaptive Radio Technologies, which is developing a robust radio system for miniature satellites that offers broad bandwidth for fast communications;
• Los Alamos Visualization Associates, which is constructing a Virtual Museum of New Mexico to include a database and online repository of collections from several state museums;
• Mesa Tech International Inc. of Santa Fe, which is building a handheld and battery-operated “DNA dipstick” to detect food pathogens; and
• ThermaSun Inc. , a Taos-based company developing a solar heating prototype that uses new heat transfer fluids.
The Venture Acceleration Fund has granted more than $1.2 million to local companies since its creation in 2006.
Source: New Mexico Business Weekly
Los Alamos National Laboratory awarded approximately $100,000 each to four startup companies in northern New Mexico.
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