# New Mexico Awards Advanced Energy Grants

New Mexico’s Economic Development Department has listed the 2026 recipients of its state-funded Advanced Energy Award, a competitive grant program offering eligible small businesses up to $1 million for advanced-energy research and development or pilot demonstrations. Applications are closed. R&D applicants must be headquartered in New Mexico; out-of-state pilot applicants must be authorized to do business in the state, maintain an in-state presence, and spend grant funds on New Mexico activities.

- The listed awards include grants of $1 million to Halo Materials for R&D and Circularity Fuels for a pilot project, and $925,000 to Airloom Energy for a 5 MW wind demonstration.
- The awardee list also names Liberty Fusion and Molten Salt Solutions, providing procurement and industry stakeholders with visibility into state-backed advanced-energy projects and potential suppliers or partners.
- Companies can use the recipient and project information to assess potential business relationships around the funded work. The program’s eligibility rules are relevant to firms considering future New Mexico R&D or pilot applications.

**Jurisdictions:** sled
**Industries:** Energy & Utilities
**Topics:** Grants & Funding
**Published:** October 15, 2026

### Government Entities
- New Mexico Economic Development Department (EDD)
- Technology and Innovation Office (TIO)
- Los Alamos National Laboratory (LANL)
- Sandia National Laboratories (Sandia)

### Vendors
- Halo Materials, Inc. (2026 Research and Development award recipient developing domestic high-purity graphite production)
- Circularity Fuels, Inc. (2026 Pilot Projects award recipient developing dairy-biogas-to-liquid-fuels technology)
- Liberty Fusion Inc. (2026 Research and Development award recipient developing a modular fusion energy system)
- Airloom Energy Inc. (2026 Pilot Projects award recipient conducting a 5 MW wind demonstration)
- Molten Salt Solutions Inc. (2026 Research and Development award recipient scaling enriched-lithium production)

### Sources
- [New Mexico Advanced Energy Award - NM Economic Development Department](https://edd.newmexico.gov/divisions-and-offices/tio/nmaea/) - NM