Joshua Bowling

(New Mexico Source) A startup that seeks to build the first-ever power grid in outer space has selected Albuquerque as its headquarters, the state Economic Development Department announced Monday.

Mantis Space, a Georgia-founded company backed by venture capital, plans to build orbital infrastructure capable of powering satellites and lunar operations, according to a news release. The new Albuquerque headquarters and research and development facilities are expected to generate as much as $480 million in economic impact over the next 10 years, the release said. Company officials expect to create more than 200 jobs with average annual salaries of more than $180,000.

Company officials say they chose Albuquerque after a national search and weighed factors such as quality of l

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