Real estate company unveils plans for 45-acre biomanufacturing campus in Northeast Houston

life science upgrade

Generation Park has announced additional biomanufacturing facility development. Rendering courtesy of McCord

A Houston-based real estate company has reveals its plans to create a 45-acre biomanufacturing campus in the first phase of a life science development in Generation Park.

McCord Development released its plans for BioHub Two this week. The project will include 500,000 square feet for manufacturing, lab, and office space located in Generation Park, a 4,300-acre master-planned development in Northeast Houston.

The news of the BioHub follows Generation Park's December announcement of the San Jacinto College’s Biotech Training Center, a project in partnership with the National Institute of Biotechnology Research and Training. The institute will have a "bioprocessing pilot plant operated in a realistic GMP simulated and operational manufacturing environment," according to a news release from McCord.

“Houston has consistently been ranked as a burgeoning life science cluster, and BioHub Two has the unique advantage of being a short walk from the region’s only Biotech Training Center at San Jacinto College’s Generation Park campus," says John Flournoy, senior director of sales and leasing.

Last year, the Greater Houston Partnership released data showing the potential for the Bayou City as a hub for biomanufacturing, cell and gene therapy, cancer treatment, drug development, and more. Earlier this summer, Houston maintained its standing as a hub for life sciences on an annual report from CBRE.

“Houston’s high concentration of life sciences employment, healthy funding landscape, access to the Texas’ $6 billion CPRIT grant fund, and commitment to translational research is making it one of the country’s fastest growing life science ecosystems,” says Ryan McCord, president of McCord Development, in the release. “BioHub Two’s location in Generation Park is strategic and cost-effective, as the world-leading research and development facilities at the Texas Medical Center, Houston International Airport and Port of Houston are in close proximity.”

The larger Generation Part plans include two multifamily complexes, a mixed-use development called The Commons, and retail and green spaces.

The Texas Medical Center unveiled its plans for the TMC BioPort, a biomanufacturing and medical supplies distribution engine, almost a year ago. This new campus will span several hundred acres just down the road from TMC and will drive the much-needed repatriation of critical medical supplies and new cell and gene therapies, per a news release.

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The grant will allow about 50 students to become certified aerospace technicians in electrical, composite, or structural tracts. Photo via San Jacinto College

Houston college receives grant to support aerospace technician training

workforce funding

The Texas Workforce Commission granted $332,000 to three Houston-area organizations last month to support aerospace technician training for unemployed and displaced workers, as well as recent high school grads.

The funding will go toward BayTech, Bay Area Houston Economic Partnership and San Jacinto College, and comes out of the TWC's Texas Talent Connection grant. The TWC awarded a similar grant to Lone Star College in January with the goal of supporting "innovative education and workforce skills training programs" for first-generation students in six different industries.

This most recent grant will allow about 50 students to become certified aerospace technicians in electrical, composite, or structural tracts.

After advancing through the program, they'll receive a completion certificate from the San Jacinto College's EDGE Center and will have the opportunity to sit for a nationally recognized certification exam.

According to a release from San Jacinto College, the organizations will also facilitate students' placement directly into the workforce.

"Funding like this grant from the Texas Workforce Commission to further our training offerings reaches far beyond our students to the future of the aerospace industry, Brenda Hellyer, chancellor of San Jacinto College, said in a statement. "A skilled workforce is critical to the success of the Houston Spaceport and the aerospace industries that support it, and we understand our role in providing the next generation of aerospace technicians."

San Jacinto College, which is the official education training partner for the Houston Spaceport at Ellington Airport, launched the EDGE Center in 2020.

The center aims to train future aerospace professionals through its technician programs as well as a general aerospace program and a drone pilot program. To date, about 30 students have earned their credentials .

San Jacinto College celebrated the grand opening of its EDGE Center in the Houston Spaceport. Photo courtesy of San Jacinto

Houston university system cuts the ribbon on its spaceport training center

out of this world education

A new facility focused on training the professionals who will build the future of aerospace has officially opened at the Houston Spaceport.

The San Jacinto College EDGE Center, which broke ground in July of 2019, finally celebrated its grand opening of the EDGE Center Friday, Oct. 1, with elected officials, community members, faculty, and staff. The center's opening celebration was previously delayed due to COVID-19.

"With this facility, we will inspire, innovate, and train the talent needed at the Houston Spaceport," says Chancellor Brenda Hellyer in a press release. "Our industry partners developed the program and defined the skills needed for these evolving careers. You can feel the passion and excitement as you walk through the training area."

EDGE is just one part of the 154 acres of development currently in the works at Ellington Airport. The full property includes 450 acres that will all eventually be developed. Students have been working out of the center for about a year now, and San Jacinto College is the official education training partner for the Houston Spaceport at Ellington Airport.

"This facility is at the epicenter of the Houston Spaceport," said Mario Diaz, director of aviation at Houston Airport System in the release. "This is where the next chapter of the rivalry to space will be written by the minds and hands of Houstonians for generations to come. The talent who will learn how to build towards the future of space exploration starts right here at the EDGE Center."

The facility offers five training programs, including aerospace structure technician, aerospace electrical technician, composite technician, industrial automation technician, and aerospace quality technician. The center also offers a drone program preparing individuals for FAA certifications as well as a drone flight class and a drone build class.

Intuitive Machines, a Houston-based space tech company, is based in the Houston Spaceport nearby EDGE and, according to the release, has had several of the program's first graduates work for his company as they develop the next lunar lander. One student, Cyrus Shy, took an internship and has already accepted a full-time technician position with the company.

"The impact this program and Intuitive Machines has had on my life has been overwhelmingly incredible," says Shy in the release. "It has changed the trajectory of my life. I work for a company that care about each other and work toward a common goal."

The Houston Spaceport at Ellington Airport has broken ground, which means San Jacinto College is a step closer to its EDGE Center becoming a reality. Photo courtesy of San Jacinto College

Houston college system prepares for takeoff of its spaceport training system

Breaking ground

The first phase of the Houston Spaceport at Ellington Airport broke ground last month, and that means a lot of things for a lot of entities like the Houston Airport System, the Houston City Council, and the Federal Aviation Administration, to name a few. But, to San Jacinto College, it means being one step closer to its on-site training facility, called the EDGE Center.

The facility will offer four training programs to start provided by San Jacinto College, the official education training partner for the Houston Spaceport. The programs include: composites manufacturing and repair technician, aerospace electrical assembly technician, aerospace structures technician, and mechatronics and industrial automation technician.

Aside from these four initial programs, the college will be able to over customized and individualized training as needed.

"We are excited for this opportunity," says Brenda Hellyer, San Jacinto College chancellor, in a release. "We look forward to creating an educational space that will support and enhance the workforce needs of current and future businesses in the Houston Spaceport. We thank the City of Houston, the Houston Airport System, and the Bay Area Houston Economic Partnership for working with us to make this EDGE Center a reality."

EDGE is just one part of the 154 acres of development currently in the works at Ellington Airport. The full property includes 450 acres that will all eventually be developed.

"Once completed, Phase 1 will stand ready to encourage even more progress to help companies with development of satellite technologies, drone technology, and urban air mobility initiatives," says Houston Airport System Director Mario Diaz in the release. "And beyond technology, it will help develop the talent to drive innovation forward. San Jacinto College is taking steps to open an aerospace workforce training center here, providing a talent pipeline that will help attract companies to Houston."

Houston's commercial spaceport plans were only the 10th to be approved by the FAA — and the only one to be centrally located to a major city (the site is less than 20 minutes from downtown Houston, according to the website). In October, the city council approved the $18.8 million Phase I budget for the project, which will account for developing the infrastructure of the project and, eventually, even coworking and innovation space for aerospace companies, according to a release.


Photo via fly2houston.com

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Houston medtech firm secures $30M for neurosurgical robot

stroke surgery

Robotic neurosurgery is an exciting new frontier in medicine, and Houston-based medtech firm XCath is leading the charge with its revolutionary Iris robotic system. The company announced in March that it had secured $30 million in Series C funding to continue developing systems to tackle blood clots in the human brain.

“We are grateful to our investors for their conviction in our shared mission to improve clinical outcomes for patients impacted by endovascular diseases,” Eduardo Fonseca, CEO of XCath, said in a news release. “In 2025, the XCath team advanced the frontiers of endovascular robotics. This funding accelerates our commitment to expanding access to life-saving care so that where a patient lives no longer determines whether they live.”

XCath–which also has campuses in Pangyo, South Korea–has already achieved a number of remarkable firsts in robotic neurosurgery. The Iris is the only endovascular robotic system currently in development to perform intracranial navigation or neurointerventional treatment, and is the only robot in the world to have performed an intracranial neurovascular procedure involving the robotic manipulation of three devices.

These new Series C funds, which bring the company's total investment to $92 million, will go toward developing a clinical telerobot capable of performing a mechanical thrombectomy. This would bring unprecedented accuracy and precision to the surgical removal of brain clots, significantly reducing the risk of neurosurgery.

“Robotic surgery succeeds when innovation is paired with practical execution,” Dr. Fred Moll, chairman of the XCath board of directors, said in the release. “XCath has built a promising technology foundation, and just as importantly, a team that values rigor and appreciates perspective. I’m excited to support them as they take on the mission of globalizing access to gold-standard care for stroke patients.”

In November 2025, the Iris debuted under the control of Dr. Vitor Mendes Pereira at The Panama Clinic in Panama City, alongside local Principal Investigator Dr. Anastasio Ameijeiras Sibauste. It was only the second time in human history that a robot had been used for intracranial neurovascular intervention, and it established Iris as a viable technology in the fight against stroke.

“Treatment of stroke and other neurovascular diseases represents one of the most significant financial opportunities in healthcare, supported by positive reimbursement dynamics and strong demand from health systems,” Nicholas Drysdale, CFO of XCath, added in the release. “With our continued investor support and disciplined capital deployment, XCath is positioned to build a category-leading platform in endovascular robotics”.

Houston geothermal unicorn Fervo officially files for IPO

going public

Fervo Energy has officially filed for IPO.

The Houston-based geothermal unicorn filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission on April 17 to list its Class A common stock on the Nasdaq exchange. Fervo intends to be listed under the ticker symbol "FRVO."

The number and price of the shares have not yet been determined, according to a news release from Fervo. J.P. Morgan, BofA Securities, RBC Capital Markets and Barclays are leading the offering.

The highly anticipated filing comes as Fervo readies its flagship Cape Station geothermal project to deliver its first power later this year

"Today, miles-long lines for gasoline have been replaced by lines for electricity. Tech companies compete for megawatts to claim AI market share. Manufacturers jockey for power to strengthen American industry. Utilities demand clean, firm electricity to stabilize the grid," Fervo CEO Tim Latimer shared in the filing. "Fervo is prepared to serve all of these customers. Not with complex, idiosyncratic projects but with a simplified, standardized product capable of delivering around-the-clock, carbon-free power using proven oil and gas technology."

Fervo has been preparing to file for IPO for months. Axios Pro first reported that the company "quietly" filed for an IPO in January and estimated it would be valued between $2 billion and $3 billion.

Fervo also closed $421 million in non-recourse debt financing for the first phase of Cape Station last month and raised a $462 million Series E in December. The company also announced the addition of four heavyweights to its board of directors last week, including Meg Whitman, former CEO of eBay, Hewlett-Packard, and Spring-based HPE.

Fervo reported a net loss of $70.5 million for the 2025 fiscal year in the S-1 filing and a loss of $41.1 million in 2024.

Tracxn.com estimates that Fervo has raised $1.12 billion over 12 funding rounds. The company was founded in 2017 by Latimer and CTO Jack Norbeck.

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This article originally appeared on our sister site, EnergyCapitalHTX.com.

New UT Austin med center, anchored by MD Anderson, gets $1 billion gift

Future of Health

A donation announced Tuesday, April 21, breaks a major record at the University of Texas at Austin. Michael and Susan Dell are now UT Austin's first supporters to give $1 billion. In response, the university will create the UT Dell Campus for Advanced Research and the UT Dell Medical Center to "advance human health," per a press release.

The release also records "significant support" for undergraduate scholarships, student housing, and the Texas Advanced Computing Center for supercomputing research.

Both the new research campus and the UT Dell Medical Center will integrate advanced computing into their research and practices. At the medical center, the university hopes that will lead to "earlier detection, more precise and personalized care, and better health outcomes." The University of Texas MD Anderson Cancer Center will also be integrated into the new medical center.

That comes with a numeric goal measured in 10s: raise $10 billion and rank among the top 10 medical centers in the U.S., both in the next decade.

In the shorter term, the university will break ground on the medical center with architecture firm Skidmore, Owings & Merrill (SOM) "later this year."

“UT Austin, where Dell Technologies was founded from a dorm room, has always been a place where bold ideas become real-world impact,” said Michael and Susan Dell in a joint statement.

They continued, “What makes this moment so meaningful is the opportunity to build something that brings every part of the journey together — from how students learn, to how discoveries are made, to how care reaches families. By bringing together medicine, science and computing in one campus designed for the AI era, UT can create more opportunity, deliver better outcomes, and build a stronger future for communities across Texas and beyond.”

This is the second major gift this year for the planned multibillion-dollar medical center. In January, Tench Coxe, a former venture capitalist who’s a major shareholder in chipmaking giant Nvidia, and Simone Coxe, co-founder and former CEO of the Blanc & Otus PR firm, contributed $100 million$100 million.

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