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NM’s Flying 40

ALBUQUERQUE, N.M. — New Mexico’s Flying 40 celebrated their successes on Wednesday, with more than 400 representatives from the state’s largest and fastest-growing technology companies and sponsors turning out at Isotopes Park for lunch and a ceremony to acknowledge their achievements. Together, this year’s roster of companies earned $747 million in combined revenue in 2014.

Applied Research Associates of Albuquerque took the top spot for overall revenue, reporting more than $209 million.

Speridian took the top growth spot for companies with more than $10 million in revenues, leaping 206.5 percent since 2010 to $33,422,812. And InkSoft Inc. took the top growth spot for companies with less than $10 million in revenues, growing 3,464 percent since 2010 to $3,564,000.

All of the companies to make the top 40 are listed in the chart below.

2014 Revenue Companies > $1 Million

Company Name  /  Year Founded  /  Current Employees  /  Current Year Revenue

Applied Research Associates Inc.  1979    957  $209,004,474

Los Alamos Technical Associates Inc. 1976   337   $108,167,057

Delta Group Electronics   1987   380    $53,060,000

Affordable Solar    1998    120    $47,489,000

Applied Technology Associates    1975    239    $47,096,049

Holman’s USA LLC    1955    48    $40,310,000

The Kemtah Group Inc.    1987    473    $35,376,000

Speridian Technologies    2003    142    $33,422,812

Innovative Technology Partnerships LLC    1997    117    $19,592,940

TechSource Inc.    1997    26    $19,574,436

TMC Design Corp.    1997    61    $12,497,983

MZA Associates Corp.    1991    44    $12,446,000

Sun Country Industries    1950    66    $10,500,000

Burgos Group    2006    65    $7,978,734

XRpro Sciences Inc.    2003    10    $7,541,794

Fiore Industries Inc.    1989    74    $6,509,000

Ideum        1999    34    $6,006,000

Senspex        2002    42    $5,847,000

Computer Corner Inc.    1983    17    $5,688,305

Stolar Research Corp.    1983    22    $5,525,336

Advanced Logistics Support Corp.    2006    31    $5,393,469

Sierra Peaks Corp.    1991    60    $5,266,848

Tau Technologies LLC    2005    22    $5,237,000

RiskSense Inc. (formerly Computational Analysis

and Network Enterprise Solutions LLC)     2006    37    $4,673,891

LoadPath     2009    11    $3,928,000

Great River Technology    1996    17    $3,600,000

InkSoft Inc.    2009    38    $3,564,000

Marpac Inc.    1991    45    $3,348,000

STAR Cryoelectronics    1999    7    $2,401,549

Vibrant Corp.    2006    10    $2,388,760

Albuquerque Reprographics Inc. (ARIGraphix)    1982    20    $2,355,524

Contrast        2005    5    $2,073,237

Z-Coil Footwear    1995    15    $2,007,392

Management Sciences Inc.    1976    14    $1,600,000

HealthXnet (Healthcare Extranets LLC)    1999    5    $1,596,192

Vista Photonics Inc.    2003    10    $1,594,731

VisionQuest Biomedical LLC    2007    12    $1,426,000

Comet Solutions Inc.    2001    18    $1,100,000

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