A high-tech machine shop to custom-make and repair parts and components for local businesses.
A new life science startup to commercialize technology for superfast screening of tissue samples.
A firm to make and market solar-powered attic fans.
An art gallery that sells high-tech sculptures and designs.
A new hands-on school to teach engineering to children.
It all falls under the umbrella of Sandia Electro-Optics, a privately run incubator that Cumbo set up to house and build technology-based businesses.
"It's a place where good ideas can find a home for incubation and development," Cumbo said. "This is what I've done throughout my career. Previously, I spent other people's money as a company manager, but now I'm doing it with my own money."
Cumbo and his wife,
The company is seeking to license early-stage inventions from
An optics and electrical engineer, Cumbo has managed commercialization strategies at various companies for more than 30 years, giving him the technical know-how and critical business skills to lead startups to success.
He came to
"It's all about taking technology from lab to fab," Cumbo said. "I bring business management abilities to the table that inventors typically don't have, as well as in-house capability (at Sandia Electro) to do customized prototyping, testing and developing of technology."
Their unique services
The Cumbos acquired a small
"Unique Services was founded as a go-to place to repair, modify or improve processing equipment," Cumbo said. "We continue to do that contract work for optics-based tools and equipment for medical and environmental applications businesses around town."
Ideally, the machining work will be divided evenly between customer contracts and internal projects, said Owings Cumbo, who works as Sandia Electro's vice president for human resources and administration.
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