The University of New Mexico’s (UNM) tech cluster is on the rise, according to its tech transfer office (TTO) Science and Technology Corp (STC).

The Albuquerque-based TTO reports that it will have broken its annual record for spin-outs by the end of the fiscal year on 30 June, adding 9 new firms to a total of over 60 STC-supported companies since the TTO’s inception in 1995.

Around 36 of the firms are still operating in the New Mexico area, with…