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State pledges $2M loan to help space company rebuild

The company, which is attempting to develop technology for a stratospheric flight platform for monitoring remote locations and providing connectivity, will receive $2 million from the state’s Local Economic Development Act fund as a two-year, no-interest loan, according to a New Mexico Economic Development Department release. Sceye has had operations in Roswell and Moriarty‚Ķ

Source: The Business Journal

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