Houston students develop underwater robot with energy-efficient buoyancy control

new tech

The project was part of a year-long senior design capstone by six students, known as Team Bay-Max, in Rice's Oshman Engineering Design Kitchen. Photo by Jeff Fitlow/Rice University

A team of Rice University engineering students has developed a new way for underwater robots to move around, save power and work more efficiently and quietly.

The robot uses reversible hydrogen fuel cell-based buoyancy control devices that convert water into hydrogen and oxygen (and the reverse) using electricity. Traditional underwater robots use thrusters or large pumps and propellers to change and hold depth, which can be heavy, have higher costs and use more energy. The use of reversible hydrogen fuel cells with balloons, allows the new robot to smoothly adjust its depth with less energy usage, according to a statement from Rice.

The project was part of a year-long senior design capstone by six students, known as Team Bay-Max, in Rice's Oshman Engineering Design Kitchen.

The students—Andrew Bare, Spencer Darwall, Noah Elzner, Rafe Neathery, Ethan Peck and Dan Zislis— won second place in the Willy Revolution Award for Outstanding Innovation at the Huff OEDK Engineering Design Showcase held at the Ion last month.

“Having spent a year on it now and putting so much time into it, getting to see the result of all that work come together is really rewarding,” Peck said in the statement.

“With a project like this, integration was critical,” Zislis added. “Another takeaway for me is the importance of determining a clear scope for any given project. With this robot, we could have focused on a lot of different things. For instance, we could have worked on improving fuel cell efficiency or making a robotic arm. Instead, we chose to keep these other elements simple so as not to divert focus away from the main part, which is the buoyancy control device. This kind of decision-making process is not just part of good engineering, but it’s relevant with everything in life.”

Elzner, for instance, focused on the dashboard that the robot feeds information to as it collects data from different sensors. It displays core system information, real-time graphs of the robot’s location and a simulation of its relative orientation, according to the statement.

Darwall, took a " deep dive into control theory and learn(ed) new software" to incorporate the video game joystick that allows the robot to combine manual control with an automatic stabilizing algorithm.

The proof-of-concept robot has potential applications in environmental monitoring, oceanographic research, and military and industrial tasks, according to Rice.

The team based the project on an academic paper by Houston researchers that showed that fuel cell-enabled depth control could reduce autonomous underwater vehicles’ energy consumption by as much as 85 percent.

It was authored by Rice professor Fathi Ghorbel and members of the University of Houston's Zheng Chen lab.

“This collaborative research aims to develop tetherless continuum soft engines that utilize reversible proton exchange membrane fuel cells and water electrolyzers to drive volume-mass transformation," Ghorbel said in a statement. "Through this design project, the BayMax team proved the efficacy of this technology in AUV interaction with the physical world.”

Ghorbel, Rice mechanical engineering lecturer David Trevas, and Professor in the Practice, Electrical and Computer and Engineering Gary Woods mentored the team.

Last month Rice also held its 24th annual Rice Business Plan Competition, doling out more than $1.5 million in investment and cash prizes to the top teams. Click here to see what student-led startups took home awards.
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The gift sets up a scholarship, an endowed chair, and a lecture series. Photo via UH.edu

University of Houston receives $6.5M to go toward supporting equity, social justice, and more

funding moves

A recent gift to the University of Houston will provide support to a couple colleges on campus, including an endowed chair, a scholarship, and a lecture series.

Thomas Michael Panos Family Estate donated $4.5 million — and was matched with an additional $2 million by the University's new "$100 Million Challenge" Aspire Fund. It's the first matched gift of the new fund. The gift includes $2 million to create the Panos Family Endowed Chair in Mechanical Engineering, $2 million to establish a scholarship endowment beginning in 2022 to support need- and merit-based scholarships for full-time undergraduate or graduate students across UH, and $500,000 to support "The Panos Family Endowed Lecture in Equity and Social Justice" in the College of Liberal Arts and Social Sciences.

"We are incredibly grateful for the generosity of the Thomas Michael Panos Family Estate. This significant gift will not only help fuel academic success through innovation and discovery, but will support our ability to recruit renowned faculty and expand thought leadership," says Paula Myrick Short, UH senior vice president for academic affairs and provost, in the release. "The additional support for an equity and social justice lecture series is an especially timely and important part of our efforts to increase visibility around these issues."

Thomas Michael Panos emigrated to Houston from Greece and only had a sixth-grade education. His sons — Mike and Gus Panos — both earned college degrees in engineering.

"They were the kind of people who would help anybody," says Scott Harbers, who lived next door to the Panos family decades ago in what is now Midtown Houston, in the release. "As a family of immigrants, I know they would appreciate the diversity of the student body at the University of Houston. They had a tremendous interest in education and equal rights. I'm hopeful that this gift will help advance the lives of students who need help to complete their studies."

The $100 Million Challenge initiative was established in fall of 2019 thanks to an anonymous $50 million donation to the school, and the campaign is set on inspiring another $50 million in support of four areas that will address issues with major societal impact: sustainable energy and energy security, resilient infrastructure and smart cities, population health, and global engagement. Donors who commit $2 million to go toward an endowed chair will have their gifts matched through the program.

"The '$100 Million Challenge' is a transformational initiative to propel our academic enterprise to unprecedented levels of distinction, and this first matching gift launches us," says Eloise Brice, vice president for university advancement, in the release. "The work and research being done at UH, and accelerated through the Challenge, will have a tremendous impact on the quality of life for all Houstonians."

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Houston ranks among world’s top 30 emerging startup ecosystems

Startup Status

Long known as the Energy Capital of the World, Houston also ranks among the world’s top 30 emerging startup ecosystems, according to a new report.

The report from Startup Genome, a research and advisory organization, doesn’t assign a specific numeric ranking to Houston’s startup ecosystem. Rather, it puts Houston in the ranking range of 21 to 30 for emerging ecosystems. Startup Genome weighed factors such as early-stage funding, performance and talent to identify the top emerging ecosystems.

Houston also gained notice for being one of the world’s 20 emerging ecosystems with at least four unicorn startups in the past 10 years. Houston and nine other ecosystems each had four unicorns.

According to StartupBlink, a startup research platform, Houston’s startup ecosystem grew 24 percent in 2025, with over 1,300 startups and total startup funding exceeding $808 million. StartupBlink places Houston at No. 46 among the world’s top 100 startup ecosystems.

In a recent post on LinkedIn, David Horsup, executive in residence at the Rice Alliance Clean Energy Accelerator, wrote that Houston “has all the ingredients to be wildly successful if it stays true to its differentiated pillars that drive the economy — energy, medical, and aerospace.”

Mumbai topped Startup Genome’s list of emerging ecosystems, followed by Istanbul, Madrid, Salt Lake City-Provo and Barcelona. After Salt Lake City-Provo, the top U.S. ecosystems were Phoenix, Detroit, Minneapolis and Las Vegas.

Silicon Valley led Startup Genome’s ranking of the world’s top established ecosystems, followed by New York City, London, Tel Aviv and Boston. Austin landed at No. 18 in this category and Dallas at No. 27.

“For much of the past decade, this report has chronicled the welcome dispersion of opportunity beyond the traditional hubs,” Startup Genome writes. “That trend has not died — but it has been complicated. Capital and scale are consolidating once more, particularly in the United States, and the gap between leading and emerging ecosystems is widening.”

KBR names C-suite duo to lead $5.3B government services spinoff

new leaders

In advance of the spinoff of its Mission Technology Solutions unit, Houston-based KBR has made two C-suite hires for the new business.

Michael LaRouche is coming aboard as president and CEO of the spinoff, currently called SpinCo, on Sept. 26. Nicholas Veasey is joining as executive vice president and chief financial officer on July 1.

“Michael and Nick bring a highly complementary combination of operational leadership, financial expertise, and mission-driven experience, and together they will accelerate our impact for stakeholders,” Stuart Bradie, chairman, president and CEO of publicly traded KBR, said in a news release.

LaRouche currently is CEO of Serco North America, a Herndon, Virginia-based government services contractor. Veasey most recently was CFO of MAG Aerospace, a Fairfax, Virginia-based defense contractor.

SpinCo, a government services contractor, will launch with more than $5.3 billion in annual revenue and 20,000 employees. KBR’s total headcount is around 36,000. Branding for SpinCo, including a formal name, will be revealed in July.

“SpinCo is positioned as a top-tier provider of differentiated technology solutions, anchored by deep mission expertise, global scale, and a relentless commitment to delivering for our customers,” LaRouche says.

After the spinoff, the slimmed-down KBR will focus on its Sustainable Technology Solutions business, a provider of energy and industrial technology that generated $2.5 billion in revenue in 2025. Bradie will remain chairman, president and CEO of the business.

Both SpinCo and the new KBR will be public companies. The spinoff is scheduled to be completed in January.

Experts: Houston's VC ecosystem has set the foundation — now we need scale

guest column

Fervo Energy went public earlier this summer. The Houston geothermal company priced its IPO at $27 per share, raised $1.89 billion, and opened the next morning at a market capitalization north of $10 billion. By most measures, it is the largest venture-backed cleantech IPO in history and an unambiguous win for Houston. It’s also a useful moment to look at where Houston's venture ecosystem stands and where it can go. The highlight: Houston's venture ecosystem has real foundations and, with increased company formation activity, can grow into the scale our city's ambitions deserve.

A Houston energy story in the national recovery

The recent uptick in Houston venture activity follows national trends. U.S. venture deal count contracted roughly 22 percent from its 2021 peak through 2024 before rebounding to about 16,700 rounds in 2025. Houston's 23 percent increase in VC funding from 2023 to 2024 is part of a national recovery of comparable magnitude over the same time window.

The energy sector is where Houston exhibits unique trends—and where the story turns clearly positive. (Houston's strong health and space sectors deserve their own separate consideration.) By deal count, energy-related rounds have accounted for 15 to 20 percent of Houston activity, roughly consistent over the past few years.

By capital, energy's share surged from about 14 percent in 2023 to over 60 percent in 2025, driven by a small number of large Houston-headquartered rounds, primarily in geothermal and related technologies. Fervo is the obvious anchor, but Sage Geosystems, Quaise Energy, Zeta Energy, Vaulted Deep, Applied Carbon and Mariana Minerals have all closed meaningful rounds. Houston is concentrated and accelerating as an energy capital market, an invaluable position to build upon.

From foundation to scale

The institutional pieces are in place. Greentown Labs, Activate, the Ion and others have built sector-specialized infrastructure most cities would struggle to assemble. Fervo itself is an alum of both Activate and Greentown Labs. Mercury Fund closed its $160 million Fund V, its largest ever. Houston Angel Network, GOOSE Capital, Fathom Fund, and broader pre-seed and seed capital coverage are here. The Houston $10 million-plus Series A list now includes 40 rounds since 2021, which break roughly into two eras. While 2021 to 2022 was biotech-heavy, with companies like Sporos Bioventures, RadioMedix, Cellenkos and Coya Therapeutics, 2024 to 2025 has tilted clearly toward energy, climate, and critical minerals, with Vaulted Deep, Applied Carbon, Mariana Minerals, Sage Geosystems and Ignis H2 Energy among them.

What’s less developed is the volume of seed-stage companies flowing into that capital. Imagine a dozen more Fervos coming out of that infrastructure over the next decade, each generating jobs, recycled founder capital, and the next wave of operators and angel investors. That is the kind of opportunity Houston has within reach if we build the company-formation pipeline to feed it. To be relevant on the national stage as a venture market, and to drive an economy the size of Houston's into the 2030s, the city needs to be doing closer to 20 Series A rounds per month rather than per year. That throughput implies roughly 1,000 seed rounds per year, feeding the funnel at a 20 percent to 30 percent graduation rate. Reaching such throughput depends on how many new founders Houston produces and how quickly our innovation ecosystem can help them achieve lift-off.

Houston in context

The comparative picture brings the scaling challenge into focus. Between 2021 and 2024, Houston-area startups closed between 126 and 153 disclosed venture rounds per year, against a national count between 9,854 and 14,125. That places Houston at a little over 1 percent of the U.S. deal count. For comparison, Austin ran about three times Houston's deal count each year.

At the Series A level, Houston closed between 12 and 24 rounds in any given year. The median Houston Series A across the period was about $10.7 million, compared with $15.4 million in San Francisco. Houston founders are raising fewer and smaller Series A rounds than founders in peer metros, which points directly to where Houston has the most room to grow.

The unicorn picture tells the same story. From 2021 through 2025, the U.S. produced 590 venture-backed unicorns. Four were Houston-based: Solugen and Axiom Space in 2021, Cart.com in 2023, and Fervo Energy in 2024. Adding HighRadius from 2020 brings Houston's all-time total to five. Austin added 19 over the same five-year window. The path from here is to make Houston's entries on lists like these less the exception and more the rule.

Where this leads

Houston has a real opportunity to become the deepest, most credible energy and climate capital market in the country, with the company formation, talent and operator density to support it. The data shows the foundation is already in place. Fervo, Solugen and the growing roster of energy-adjacent Series A graduates are proof. Fervo's IPO is the first of what should be many. Houston has not had a venture-backed cleantech liquidity event of this scale before, and the city now has one to reference, recruit against and build on. With increased company formation at the seed and pre-seed stages, a Fervo-scale outcome need not be a generational event in Houston, but instead, it can become part of a chain reaction powering the city's economy.

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Stephanie T. Schmidt, PhD, is the founder of a stealth startup, a Venture Fellow at Energy Transition Ventures, and an Executive MBA candidate at Rice University's Jones Graduate School of Business. Lawson Gow is the Chief Operating Officer of Greentown Labs. The full Houston VC landscape report is available at Energy Transition Ventures and CleanTech.Org.

Sources: Crunchbase, PitchBook-NVCA, Carta
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