Houston-based veterans will lead the energy transition, says this expert

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Houston has the the second largest veteran community in America — and the energy industry is vets' top employer. Photo via Getty Images

Many people living in Houston don't realize that the veteran community is taking an increasing leadership role in the energy transition. The Greater Houston area is the second largest veteran community in America with over 5,500 new veterans and their families coming to Houston annually. We are the fastest growing city in America for veterans as well.

In Houston you'll find a community of veterans who create a workforce and culture of excellence -- no handouts needed here. Our city is home to innovation in many industrial sectors, and also in the veteran services market. Combined Arms is the premier technology partner for accelerating the connection of veterans to resources like employment.

Headquartered in Houston, the agency operates in a dozen states nationally with a co-working space of over 30 veteran serving nonprofits on site and 120 services online. The top employment organization for veteran employment in the country, NextOp, is also headquartered in Houston. NextOp is focused on developing a pipeline of talent directly from military installations to industrial craft trades. They have the best numbers for placement of veterans and speed to employment, perfect for accelerating the energy transition as companies are looking for talent to fill new industry roles.

The energy sector is already the largest employer of veterans in Houston. We are a vibrant community with weekly networking happy hours for white collar veterans working in the energy industry at the original Kirby Icehouse on Wednesdays, put on by Houston Veterans in Business.

With one of the highest concentrations of public companies in the country, we have over 85 public companies with employee resource groups for veterans. The leaders of these groups meet regularly to support and serve our community. We are a thriving community that has the depth of relationships and connections to foster the personal and professional growth of veterans new to Houston and those that have called Houston home their entire lives. The majority of these groups are within energy companies that are actively supporting the energy transition.

Some examples of veteran-led energy transition companies include:

  • Everpoint Services, founded by Tyler Goodell, is bringing an oilfield services model to the wind, solar, and energy storage industries along with wind blade and solar panel recycling.
  • FastGrid, founded by Eric Curry, is rapidly growing through the project engineering side of renewable energy project development across the country.
  • WindCom, led by CEO Tim Hertel, conducts wind blade repairs and servicing.
  • Blue Bear Capital, co-founded by Tim Kopra, invests in high-growth technology companies across the energy, infrastructure, and climate industries.
  • eRenewable, co-founded by Fred Davis, provides real-time online auctions for Power Purchasing Agreements (PPAs) and Virtual PPAs.
  • Last Dollar Trucking, co-founded by Nate Reeve, focused on the transport of the massive number of wind blades entering texas ports.
  • JAG Argueta, founded by Keith Argueta, provides accounting and fractional CFO services to cleantech startups.
  • Digital Wildcatters, co-founded by Jake Corley, building the "Barstool Sports of Energy"
  • Amberjack Capital, co-founded by Patrick Connelly, is a private equity investor in energy transition and infrastructure projects.
  • re:3D, co-founded by Samantha Snabes, pioneering new innovations to decimate the cost & scale barriers to 3D printing.
  • South Union CDC, founded by Efrem Jernigan, is developing the Sunnyside Solar project.
  • Fervo Energy, led by CFO David Ulrey, is developing next-generation geothermal projects to deliver 24x7 carbon-free energy.

One of the top chapters nationally for Bunker Labs is also here, with a veteran entrepreneur accelerator at WeWork downtown, the WeWork Veterans in Residence program. On top of that the largest veteran business plan competition is hosted by Rice University. The Veteran Business Battle is entering its 7th year with one of the finalists Parasanti pivoting their successful edge computing solutions into the energy transition for cleantech applications through their recent acceptance to Haliburton Labs.

Houston is also building a chapter of the Veterans Energy Project which is advocating for the Biden administration's infrastructure bill. Jon Powers with CleanCapital, a private equity investor focused on accelerating the flow of capital into distributed generation project, co-founded the Veterans Energy Project. Having served our country in a time of war, it is time again to place the country first and advocate for the infrastructure that supports all Americans.

The veterans of Houston can help make Houston not only the leader in the energy transition but also ensure that we are the energy capital of the future.

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Kevin Doffing is the president of Energy Capital of the Future.

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Houston hospital names leading cancer scientist as new academic head

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Houston Methodist Academic Institute has named cancer clinician and scientist Dr. Jenny Chang as its new executive vice president, president, CEO, and chief academic officer.

Chang was selected following a national search and will succeed Dr. H. Dirk Sostman, who will retire in February after 20 years of leadership. Chang is the director of the Houston Methodist Dr. Mary and Ron Neal Cancer Center and the Emily Herrmann Presidential Distinguished Chair in Cancer Research. She has been with Houston Methodist for 15 years.

Over the last five years, Chang has served as the institute’s chief clinical science officer and is credited with strengthening cancer clinical trials. Her work has focused on therapy-resistant cancer stem cells and their treatment, particularly relating to breast cancer.

Her work has generated more than $35 million in funding for Houston Methodist from organizations like the National Institutes of Health and the National Cancer Institute, according to the health care system. In 2021, Dr. Mary Neal and her husband Ron Neal, whom the cancer center is now named after, donated $25 million to support her and her team’s research on advanced cancer therapy.

In her new role, Chang will work to expand clinical and translational research and education across Houston Methodist in digital health, robotics and bioengineered therapeutics.

“Dr. Chang’s dedication to Houston Methodist is unparalleled,” Dr. Marc L. Boom, Houston Methodist president and CEO, said in a news release. “She is committed to our mission and to helping our patients, and her clinical expertise, research innovation and health care leadership make her the ideal choice for leading our academic mission into an exciting new chapter.”

Chang is a member of the American Association of Cancer Research (AACR) Stand Up to Cancer Scientific Advisory Council. She earned her medical degree from Cambridge University in England and completed fellowship training in medical oncology at the Royal Marsden Hospital/Institute for Cancer Research. She earned her research doctorate from the University of London.

She is also a professor at Weill Cornell Medical School, which is affiliated with the Houston Methodist Academic Institute.

Texas A&M awarded $1.3M federal grant to develop clean energy tech from electronic waste

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Texas A&M University in College Station has received a nearly $1.3 million federal grant for development of clean energy technology.

The university will use the $1,280,553 grant from the U.S. Department of Energy to develop a cost-effective, sustainable method for extracting rare earth elements from electronic waste.

Rare earth elements (REEs) are a set of 17 metallic elements.

“REEs are essential components of more than 200 products, especially high-tech consumer products, such as cellular telephones, computer hard drives, electric and hybrid vehicles, and flat-screen monitors and televisions,” according to the Eos news website.

REEs also are found in defense equipment and technology such as electronic displays, guidance systems, lasers, and radar and sonar systems, says Eos.

The grant awarded to Texas A&M was among $17 million in DOE grants given to 14 projects that seek to accelerate innovation in the critical materials sector. The federal Energy Act of 2020 defines a critical material — such as aluminum, cobalt, copper, lithium, magnesium, nickel, and platinum — as a substance that faces a high risk of supply chain disruption and “serves an essential function” in the energy sector.

“DOE is helping reduce the nation’s dependence on foreign supply chains through innovative solutions that will tap domestic sources of the critical materials needed for next-generation technologies,” says U.S. Energy Secretary Jennifer Granholm. “These investments — part of our industrial strategy — will keep America’s growing manufacturing industry competitive while delivering economic benefits to communities nationwide.”

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This article originally appeared on EnergyCapital.

Biosciences startup becomes Texas' first decacorn after latest funding

A Dallas-based biosciences startup whose backers include millionaire investors from Austin and Dallas has reached decacorn status — a valuation of at least $10 billion — after hauling in a series C funding round of $200 million, the company announced this month. Colossal Biosciences is reportedly the first Texas startup to rise to the decacorn level.

Colossal, which specializes in genetic engineering technology designed to bring back or protect various species, received the $200 million from TWG Global, an investment conglomerate led by billionaire investors Mark Walter and Thomas Tull. Walter is part owner of Major League Baseball’s Los Angeles Dodgers, and Tull is part owner of the NFL’s Pittsburgh Steelers.

Among the projects Colossal is tackling is the resurrection of three extinct animals — the dodo bird, Tasmanian tiger and woolly mammoth — through the use of DNA and genomics.

The latest round of funding values Colossal at $10.2 billion. Since launching in 2021, the startup has raised $435 million in venture capital.

In addition to Walter and Tull, Colossal’s investors include prominent video game developer Richard Garriott of Austin and private equity veteran Victor Vescov of Dallas. The two millionaires are known for their exploits as undersea explorers and tourist astronauts.

Aside from Colossal’s ties to Dallas and Austin, the startup has a Houston connection.

The company teamed up with Baylor College of Medicine researcher Paul Ling to develop a vaccine for elephant endotheliotropic herpesvirus (EEHV), the deadliest disease among young elephants. In partnership with the Houston Zoo, Ling’s lab at the Baylor College of Medicine has set up a research program that focuses on diagnosing and treating EEHV, and on coming up with a vaccine to protect elephants against the disease. Ling and the BCMe are members of the North American EEHV Advisory Group.

Colossal operates research labs Dallas, Boston and Melbourne, Australia.

“Colossal is the leading company working at the intersection of AI, computational biology, and genetic engineering for both de-extinction and species preservation,” Walter, CEO of TWG Globa, said in a news release. “Colossal has assembled a world-class team that has already driven, in a short period of time, significant technology innovations and impact in advancing conservation, which is a core value of TWG Global.”

Well-known genetics researcher George Church, co-founder of Colossal, calls the startup “a revolutionary genetics company making science fiction into science fact.”

“We are creating the technology to build de-extinction science and scale conservation biology,” he added, “particularly for endangered and at-risk species.”

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