Sandia National Laboratories has set a new record for its economic impact in 2024, surpassing the previous year by nearly $400 million. This milestone includes the 16,900 jobs Sandia provides, $1.08 billion in payments to small business suppliers and $133 million in taxes paid to the state of New Mexico.
"For 75 years, Sandia National Laboratories has been a leader in strengthening national security and advancing technology," said Sandia Labs Director James Peery. "Our success relies on strong partnerships with diverse suppliers, particularly small businesses, which bring innovation, agility and expertise to our missions."
Peery and other Labs leaders will unveil the 2024 Economic Impact Brochure and highlight key successes at a news conference on Wednesday, Jan. 15, 10 a.m. at the National Museum of Nuclear Science & History.
The conference will feature discussions on the partnerships forged with small businesses through the New Mexico Small Business Assistance Program and the Technology Readiness Initiative, known as TRGR. A small business owner, whose project was recently launched on the Navajo Nation with Sandia's support, will share insights on the collaboration and its impact.
