Two Rice University professors have received grants from the United States Department of Defense. Photo via rice.edu

Two Rice University professors and researchers were granted prestigious Vannevar Bush Faculty Fellowship grants this month.

Qimiao Si, a theoretical quantum physicist, and Jeffrey Tabor, a bioengineer and synthetic biologist, were among the 10 faculty scientists and engineers in the country who earned the highly competitive grants from the United States Department of Defense this year. The five-year fellowships come with up to $3 million in funding and aim to support basic research programs that are projected to have transformative impact in their respective fields. Typically only about 50 Bush Fellows are active at a time.

Si, who is the director of the Rice Center for Quantum Materials and a member of the Rice Quantum Initiative, plans to use his grant to establish an unconventional approach to create and control topological states of matter, which plays an important role in materials research and quantum computing.

He says in a statement that the research could lead to new methods of quantum sensing and quantum information processing.

Tabor, whose lab programs living cells to respond to stimuli like diseases, has plans to use the funds to engineer biological enzymes that can programmably construct DNA.

“Our work could open new doors to understanding the rules of life and enable the engineering of designer organisms with applications in sustainable manufacturing, energy, medicine and more,” he said in a statement.

Qimiao Si, a theoretical quantum physicist, and Jeffrey Tabor, a bioengineer and synthetic biologist, were among the 10 faculty scientists and engineers in the country who earned grants from the United States Department of Defense. Photos via rice.edu

Si and Tabor join only two other Bush fellowship recipients from Rice: Naomi Halas in 2009 and Richard Baranuik in 2017.

Other faculty from the 2023 fellows come from Stanford University, University of Chicago, John Hopkins University and others. Rice and Stanford are the only two universities to have multiple fellows named to the 2023 group.

Earlier this month, the Houston-based Welch Foundation announced that it would award $10.8 million to support research at Houston-area universities, including researchers at Rice. And in June, a Rice quantum computer scientist, Nai-Hui Chia, was also presented with a 2023 Google Scholar award of up to $60,000 to support professors' research around the world.

Late last year, 12 Rice researchers were named to The Clarivate Highly Cited Researchers 2022 list considers a global pool of public academic papers that rank in the top 1 percent of citations for field and publication year in the Web of Science. Nearly 60 Houston-area researchers were named to the list.
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Houston brain health co. secures $6.5M for rare disease study

neuro funding

Houston-based Goldenrod Therapeutics, part of Fannin Partners' portfolio, has announced the initial close of a $6.5 million series seed preferred stock round.

The round was led by Ataxia Ventures and an affiliate of Fannin, according to a news release.

Goldenrod Therapeutics plans to use the funding to support manufacturing, formulation optimization, IND-enabling studies and a Phase I study of its drug to treat brain inflammation, known as 11h.

The study will consider how 11h, which blocks the enzyme PDE4, could treat Friedreich’s ataxia (FA), a rare genetic disease that affects movement, speech and balance. To date, other PDE4 inhibitors have proven to regulate neuroinflammation and neuronal signaling, but have had adverse gastrointestinal side effects or have not reached enough of the central nervous system, according to Goldenrod.

The company says its 11h is expected to have "broad applicability" with limited emetric side effects.

“Our 11h program is a next-generation, orally bioavailable, brain-penetrant PDE4 inhibitor, where researchers overcame longstanding limitations associated with earlier PDE4 inhibitors," Dr. Dev Chatterjee, CEO of Goldenrod, said in the news release. "We believe this creates the potential for a best-in-class therapy for Friedreich’s Ataxia and a potential foundation for development across multiple neurodegenerative and neuroinflammatory disorders.”

11h was first developed at the University of Nebraska Medical Center (UNeMed). Houston-based Fannin Partners in-licensed the product 2020 and landed SBIR Phase I funding to support its initial development for opioid use disorder soon after.

Goldenrod has also received funding to study 11h's effectiveness for multiple sclerosis, methamphetamine addiction and cocaine addiction.

Goldenrod says it is developing 11h to target a variety of neurological and inflammatory conditions, including Alzheimer's disease, multiple sclerosis, ALS, substance use disorders, Batten disease, pain and traumatic brain injury.

27 Houston companies make Fortune 500 for 2026, led by energy giants

Houston HQs

Editor's note: This article has been updated to correct the number of companies based in the Dallas-Fort Worth area.

Houston is a giant among U.S. hubs for corporate headquarters.

The 2026 Fortune 500 lists 27 companies based in the Houston area, with many energy companies claiming top spots. Houston ties with Chicago for the second-most Fortune 500 headquarters, preceded only by New York City (53). Dallas-Fort Worth is home to 24 Fortune 500 headquarters.

Texas leads the nation for Fortune 500 headquarters (57), with California in the No. 2 spot and New York at No. 3.

“Texas is the undisputed headquarters of headquarters,” Gov. Greg Abbott said in a news release. “The world’s leading businesses invest with confidence in Texas because of our welcoming business climate, predictable regulatory environment, and skilled and growing workforce. People and businesses are choosing Texas because Texas works.”

The 2026 Fortune 500 ranks the largest U.S. corporations based on revenue in fiscal year 2025.

Here’s a rundown of the 27 Fortune 500 companies based in the Houston area.

  • No. 9 ExxonMobil
  • No. 21 Chevron
  • No. 29 Phillips 66
  • No.55 Sysco
  • No. 75 ConocoPhillips
  • No. 89 Enterprise Products Partners
  • No. 103 Plains GP Holdings
  • No. 133 Hewlett Packard Enterprise
  • No. 149 NRG Energy
  • No. 157 Quanta Services
  • No. 164 Baker Hughes
  • No. 173 Occidental Petroleum
  • No. 179 Waste Management
  • No. 201 EOG Resources
  • No. 204 Group 1 Automotive
  • No. 207 Halliburton
  • No. 223 Cheniere Energy
  • No. 236 Corebridge Financial
  • No. 262 Targa Resources
  • No. 266 Kinder Morgan
  • No. 388 Westlake
  • No. 435 CenterPoint Energy
  • No. 438 APA
  • No. 440 Comfort Systems USA
  • No. 455 NOV
  • No. 488 KBR
  • No. 496 Coterra Energy. Oklahoma City, Oklahoma-based Devon Energy and Houston-based Coterra Energy merged in early May, with the combined company retaining the Devon Energy name and the Houston headquarters.

The Greater Houston Partnership notes the Houston area soon will welcome its 28th Fortune 500 company. Expand Energy (formerly Chesapeake Energy), appearing at No. 362 on the 2026 list, says it’s moving its headquarters from Oklahoma City to Spring this year.

As the natural gas producer prepares to relocate to Texas, it’s hunting for a new leader. Nick Dell’Osso stepped down as president and CEO earlier this year. Board Chairman Michael Wichterich is interim president and CEO.

Dell’Osso became president and CEO of Oklahoma City-based Gulfport Energy effective May 28.

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This article first appeared on EnergyCapitalHTX.com.