Guest column

Why this Italian tech company is betting on Houston

An Italian company has moved in on Houston. In an op-ed, the company's founder shares why he bet on the Bayou City. Photo via Getty Images

Earlier this year, I opened my company's U.S. headquarters and became an Italian transplant in Houston.

After establishing my additive manufacturing business in my home country, the company thrived in Europe and we began evaluating foreign markets to support our expansion. We considered several cities in North America and will likely establish operations in some of these regions in the coming years, but one thing will remain unchanged – our commitment to naming Houston the command post of our operations.

I have ambitious plans that Houston is uniquely positioned to address. Over the next 24 months, we expect to hire more than 100 employees to reshore domestic production, decrease carbon emissions, and mitigate supply chain challenges using super polymers in our 3D printing production system.

In order to meet these objectives, I am leveraging the city's business-friendly environment and thriving, international community to support several core industries, including energy, aerospace, medtech and transportation and logistics.

Convergence of Tech, Industry and Talent 

Across the world, Houston has long been known as the energy capital of the world. Over time, it is adapting a new image – one that unites all the prominent industries – a thriving tech hot spot. With cultural ties around the world, I am excited to immerse our team in industry events and take advantage of our proximity to exciting scientific initiatives, boundary-pushing engineers, new and existing customers, and renowned universities.

The city has been teeming with several tech giants who are driving the Texas tech boom after realizing the opportunities that also caught my attention. The tremendous increase in corporate relocations and expansions in Texas have shined a spotlight on Houston.

The evolution also highlights the opportunities the city presents for young engineers and recent college graduates chasing careers in evolving areas like advanced manufacturing, aerospace, and medtech. As I expand my engineering and production capabilities, I am captivated by the highly specialized and ever-growing workforce in legacy and emerging industries.

Building a More Sustainable Future and Revitalizing American Manufacturing 

As I get to know the local businesses making up the area, I am also discovering the ways in which Houston is playing a role in building the infrastructure that is advancing a more sustainable future. This joint effort, led by local businesses, educational institutions, policies, and people, leverages the technologies developed by stateside experts and attracting foreign executives, like myself, who bring fresh perspectives and solutions to accelerate our vision for the future.

At my company, for example, we are introducing technology to contribute to the global energy transition, incorporating more sustainable materials into production workflows to reduce industrial emissions. Through maturing printing networks in the region, manufacturers can print "parts on demand" whenever and wherever needed, which can reduce or eliminate the need to warehouse infrequently used parts as well as reliance on slower, more expensive traditional fabrication often located overseas.

As I immerse myself in the city's growing tech ecosystem, I am excited to play a role in building the additive manufacturing industry in Houston.

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Alessio Lorusso is founder and CEO of Roboze.

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Building Houston

 
 

Two Houston entrepreneurs have launched an app that makes transfering funds to Africa seamless and safe. Screenshot via AiDEMONEY's Facebook page

Africans living abroad send over $40 billion back to their home country annually — yet the process continues to be expensive, fraud-ridden, and complicated. A new Houston-area startup has a solution.

AiDEMONEY, based in Katy, has launched a money transfer app for mobile devices. The app enables digital transfers from the United States to five African countries: Cameroon, Ethiopia, Ghana, Kenya, and Nigeria

"International remittance has always been about people living in diaspora wanting to share their success with people back home," says Uzoma Eze, AiDEMONEY co-founder and CEO, in a news release. "By replacing profit as the point of the spear, we're helping Africans fund Africa and, ultimately, rewriting our motherland's story."

Eze co-founded the company with Felix Akompi, a fellow member of Houston's African diaspora community and the company's COO

The app, which is already available on the App Store and Google Play, focuses on blockchain-powered security and instant transfers. The company also designed the platform with a "give back" model that builds a stronger Africa.

With every transaction fee, users are funding progress in Africa. A portion of customer transaction fees to nonprofits in education and literacy, women's empowerment, and healthcare. Currently, AiDEMONEY partners with the Lagos Food Bank Initiative, Shalom Sickle Cell Foundation, Sharing Smiles Initiative, and Jenny Uzo Foundation.

"We're creating a superhighway for tens of billions in USD to flow from one part of the world to another," Eze says. "When you have the right people with the right vision, that capital tills the ground—tilling out profit, social advancement and a stronger Africa."

Doing Money Remittance Better | AiDEMONEY, The African Diaspora's Money Transfer App www.youtube.com

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