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Technology & Innovation

Accelerating Technology & Innovation

As one of the nation's youngest and fastest-growing states, Arizona's pioneering spirit encourages its reputation as a hub for testing and scaling new technologies. The state's technology and innovation industry is rapidly growing and many top companies call Arizona home.

AND MANY MORE

 

 

Industry Highlights

#1

LARGE CITY FOR STARTUPS: Phoenix
Commercial Cafe, 2025

#1

in the u.s. for semiconductors
Business Facilities, 2025

TOP 4

STATE OF TECHNOLOGY & INNOVATION MANUFACTURING INDUSTRY EMPLOYMENT
Lightcast, 2025

TOP 4

State for Highest Technology & Innovation Manufacturing Industry Concentration

Lightcast, 2025

Arizona Success Stories


Arizona's thriving technology ecosystem, skilled workforce and strategic location make it the ideal home for our next phase of growth. We're excited to contribute to the local economy and build strong partnerships within this innovative community.


Girish Rishi, CEO, Cognite

Cognite Logo

In December 2025, Cognite, a global leader in Industrial AI, announced the official grand opening of its new global headquarters in Tempe, Arizona. The relocation from Oslo, Norway, marks a milestone in the company's growth strategy and underscores its commitment to the North American market. 

Cognite's decision to establish its headquarters in Arizona positions the company at the heart of one of North America's most dynamic technology regions. Cognite has identified hundreds of millions in operational value for customers in the past year alone, with manufacturers requiring sophisticated industrial AI solutions to manage the thousands of sensors and billions of data points generated daily in advanced industrial facilities. 

Pro-Innovation Policies

Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology. With a future-forward leadership team, Arizona continues to lead in creating an innovation-driven economy.

Policy

Tech Talent

New ideas are embraced in Arizona. Tech talent in the state benefit from public-private partnerships that enhance learning opportunities and develop skills for the jobs of the future.

 

Talent

Doing Business in Arizona

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Technology & Innovation News

9/17/2026
Freeberg Industrial Fabrication Celebrates Grand Opening Of Manufacturing Facility In Eloy

ELOY, AZ (September 17, 2026) — The City of Eloy celebrated the ribbon cutting of Freeberg Industrial Fabrication's new 160,000-square-foot manufacturing facility on Wednesday, September 16, a site that more than doubles the company’s total footprint. At the new site, Freeberg will assemble reciprocating engine power generation packages and other large-scale electro-mechanical systems. The company has already hired 40 employees at its Eloy facility and expects to reach about 75 by the end of 2026 and 200 by the end of 2027.

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9/9/2026
Cyclic Materials Celebrates Grand Opening Of Commercial-Scale Rare Earth Magnet Recycling Facility In Mesa

MESA, AZ (September 9, 2026) - Cyclic Materials, an advanced recycling company creating a circular supply chain for rare earth elements and other critical materials, today celebrated the grand opening of its first commercial-scale rare earth magnet recycling facility in Mesa, Arizona, marking a major milestone in building America’s domestic supply of rare earths and critical minerals. Representing an over $30 million investment, the facility is expected to create more than 25 new jobs initially.

READ MORE about Cyclic Materials Celebrates Grand Opening Of Commercial-Scale Rare Earth Magnet Recycling Facility In Mesa »