June 16, 2022 – Albuquerque, NM — Metis Technology Solutions has been recognized for the sixth straight year by the New Mexico Flying 40 Awards as one of the state’s fastest-growing technology companies. Flying 40 award winners are selected based on their rate of revenue growth over the previous five years. Metis has experienced over 100% revenue growth between 2017 and 2021, placing them among the top companies with over $10 million of annual revenue in this year’s award program.
“It is a sincere honor for Metis to once again be recognized by the New Mexico Flying 40 for our successes in the state’s technology sector,” said Dr. Joy Colucci, founder and CEO of Metis. “We’ve experienced significant growth during challenging and unprecedented times, and the Flying 40 award is a testament to our employees’ resilience, abilities, and professionalism. I invite all Metis personnel to share in this honor!”
Metis has received a Flying 40 award every year that the company has been eligible. Since relocating to New Mexico in 2014, Metis has gone from a business of 20 employees to one of over 150 and increased its annual revenue by over 10 times. Contract awards over the last year—including the Simulation and Aircraft Services (SAS) Task Order (TO) at NASA Langley Research Center, the US Space Force Pad Safety Services Contract (PSSC), and a NASA Small Business Innovative Research (SBIR) Phase II award for autonomous robotics software—have contributed to the recent growth of Metis. The successes of Metis are part of a broader trend for technology companies in New Mexico: the combined revenues of the 2021 Flying 40 award winners were up 90% over the last five years, growing from $716 million in 2017 to $1.36 billion in 2021.