Houston real estate expert shares why he thinks the city is prime for smart city tech and implementation. Photo via Getty Images

While Houston has long been known as the Energy Capital of the World, there’s no reason we, as a city, cannot hold more than one title. What if Houston could take on the title of Smartest City in the World?

There are many factors that create a smart city, and it is deeper than just implementing new smart technology – it is a city that better supports the lifestyles of its residents seamlessly and unobtrusively. To effectively understand what the needs of the community are and the right types of technologies to implement when urban planning, data collection and data security measures are vital.

The City of Houston has already begun to use data and emerging technology to improve the quality of life for citizens, share information with the public, drive economic growth, and build a more inclusive society. To be successful and provide enriching experiences for Houstonians, these updates must happen at the infrastructure level, working as an integrated system that can be continuously optimized.

In 2015, Houston adopted an Open Data policy to support data sharing efforts between the government, its citizens, businesses and researchers. In addition to this, our city has made strategic investments in artificial intelligence, the Cloud, the Edge, smart sensors, big data, and more. These investments are being bolstered by private companies and institutions, building on these technologies to tackle urban problems, identify better solutions and enact privacy protections. These companies, such as McCord, are helping execute the city’s vision around development, transportation, public safety and community engagement.

Houston already has a case study

Citizens also play an active role in building the future of Houston through their behaviors and consumption patterns.

Take Generation Park, one of the largest privately held commercial developments in the country, sitting on 4,200 contiguous acres in Northeast Houston. As this land continues to be built out, developers at McCord partnered with Bosch technologies to implement sensors and other smart technologies to better understand how visitors are utilizing the trails, parking and space. These insights will then help McCord recognize parking patterns or which areas of the trails are most heavily trafficked, allowing the company to make more informed decisions regarding maintenance and infrastructure updates, ultimately providing a better experience for their visitors.

The data can also be factored in when planning events for the community. McCord will be able to use the data collected to determine things like the optimal times, preferred days and the need for parking at Redemption Square.

But the data use doesn’t stop at just events - tenants can use it to determine when to expect the dinner rush and apply that to staffing, prepping, happy hour specials and ultimately, factor it into better servicing their customers. Those living at Redemption Square’s 255 Assay Luxury Apartments will also benefit as McCord uses data trends to optimize their curbside management practices to better accommodate rideshare and food delivery services.

The plans for Redemption Square and Generation Park continue to adapt as data is collected and visitor behavior better understood. The goal of this data collection is to make Generation Park a citizen-optimized environment via cutting-edge technology where residents, visitors, employees, and businesses will thrive while knowing that their privacy is not at risk.

The bottom line

Houston’s diversity, business-friendly environment, and workforce make it a prime candidate to become a smart city. Becoming smarter in our transportation, public safety, sustainability practices, and infrastructure will create a better future for Houstonians.

Creating secure, holistic systems that work and learn together is central to successful smart city infrastructure. Private and public organizations must work together to collect data, pivot plans when needed and implement the correct technologies to ensure that these efforts ultimately make Houston a better place to live.

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Ryan McCord is president of Houston-based McCord Development.

Houstonians and visitors alike have a new technology to help them find their way around town. Photo courtesy of the city of Houston

Houston installs new smart city tech to better engage community and visitors

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Finding your way around Houston is going digital.

On February 7, city officials and others unveiled the first in a series of interactive wayfinding kiosks in Houston. The inaugural kiosk sits at Walker Street and Avenida De Las Americas, adjacent to the George R. Brown Convention Center.

IKE (Interactive Kiosk Experience) Smart City, a venture of Columbus, Ohio-based Orange Barrel Media, secured the city contract for the kiosks.

According to a City of Houston news release, the citywide IKE initiative is designed “to build smart city infrastructure that enhances the pedestrian experience for residents and visitors, while adding vibrancy to Houston’s urban landscape.”

The new IKE kiosks are touch screen. Photo courtesy of the city of Houston

Installation of the 25 IKE kiosks will happen in phases. Among the areas where kiosks will appear are downtown, Uptown, Midtown, Montrose, the Museum District, the Texas Medical Center, the Greater Third Ward, EaDo, Upper Kirby, Gulfton, and Sunnyside.

Mayor Sylvester Turner says Houston “has so much to offer, and the IKE digital kiosks will be an exciting new amenity to help guide people in various directions to enjoy events, restaurants, and much more. These kiosks are one of the many ways Houston is moving forward with creating more walkable spaces that make for a safer and more pleasant experience.”

Each free-to-use kiosk serves as a geo-located Wi-Fi hotspot that enables information about what’s in the vicinity to be displayed on dual-sided touchscreens. The multilingual kiosks feature detailed listings of nearby restaurants, shops, businesses, cultural institutions, events, social services, and other resources. The kiosks also supply information about transportation modes such as public transit, bike share, scooters, ride-hailing, and walking.

Furthermore, the IKE system spreads critical real-time emergency information. This could include alerts about hurricanes, active-shooter situations, and missing people.

As if that weren’t enough, IKE has teamed up with the Contemporary Arts Museum Houston to promote their exhibitions and artwork on the kiosks.

“We are excited to partner with the City of Houston, one of the largest and most diverse cities in the country. IKE will further activate the pedestrian experience providing widespread connectivity and equal access to information to all communities,” says Pete Scantland, CEO of IKE Smart City. “We look forward to serving Houston’s residents and visitors through IKE.”

The first IKE kiosk was unveiled February 7. Photo courtesy of the city of Houston

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Houston quantum energy chip startup emerges from stealth with $12M round

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Houston-based Casimir has emerged from stealth with a $12 million seed round to commercialize its quantum energy chip.

The round was led by Austin-based Scout Ventures. Lavrock Ventures, Cottonwood Technology, Capital Factory, American Deep Tech, and Tim Draper of Draper Associates also participated in the round. The oversubscribed round exceeded the company’s original $8 million target, according to a news release.

Casimir’s semiconductor chips can generate power from quantum vacuum fields without the need for batteries or charging. The company plans to commercialize its first-generation MicroSparc chip by 2028.

The MicroSparc chip measures 5 millimeters by 5 millimeters and is designed to produce 1.5 volts at 25 microamps, comparable to a small rechargeable battery, without degradation and no replacement cycle.

“Casimir represents exactly the kind of breakthrough dual-use technology Scout Ventures was built to back,” Brad Harrison, founder and managing partner at Scout Ventures, said in the release. “This is based on 100 years of science and we’re finally approaching a commercial product … We’re proud to lead this round and support Casimir’s journey from applied science to deployed technology.”

Casimir says it aims to scale its technology across the ”full power spectrum,” including large-scale energy systems that can power homes, commercial infrastructures and electric vehicles.

Casimir's scientific work has been supported by DARPA-funded nanofabrication research and its technology was incubated at the Limitless Space Institute (LSI). LSI is a nonprofit that works to innovate interstellar travel and was founded by Kam Ghaffarian. Technology investor and serial entrepreneur Ghaffarian has been behind companies like X-energy, Intuitive Machines, Axiom Space and Quantum Space.

Harold “Sonny” White, founder and CEO of Casimir, believes the technology can power devices for years without replacements.

“Millions of devices will operate for years without a battery ever needing to be replaced or recharged because we have engineered a customized Casimir cavity into hardware capable of producing persistent electrical power,” White added in the release. “I spent nearly two decades at NASA studying how we power humanity’s future. That work led me to the Casimir effect and the quantum vacuum, where new tools have allowed us to build on a century of scientific knowledge and bring abundant power to the world.”

Houston-based Fervo Energy bumps up IPO target to $1.82 billion

IPO update

Houston-based geothermal power company Fervo Energy is now eyeing an IPO that would raise $1.75 billion to $1.82 billion, up from the previous target of $1.33 billion.

In paperwork filed Monday, May 11 with the U.S. Securities and Exchange Commission, Fervo says it plans to sell 70 million shares of Class A common stock at $25 to $26 per share.

In addition, Fervo expects to grant underwriters 30-day options to buy up to 8.33 million additional shares of Class A common stock. This could raise nearly $200 million.

When it announced the IPO on May 4, Fervo aimed to sell 55.56 million shares at $21 to $24 per share, which would have raised $1.17 billion to $1.33 billion. The initial valuation target was $6.5 billion.

A date for the IPO hasn’t been scheduled. Fervo’s stock will be listed on Nasdaq under the ticker symbol FRVO.

Fervo, founded in 2017, has attracted about $1.5 billion in funding from investors such as Bill Gates-founded Breakthrough Energy Ventures, Google, Mitsubishi Heavy Industries, Devon Energy (which is moving its headquarters to Houston), Tesla co-founder JB Straubel, CalSTRS, Liberty Mutual Investments, AllianceBernstein, JPMorgan, Bank of America and Sumitomo Mitsui Trust Bank.

Fervo’s marquee project is Cape Station in Beaver County, Utah, the world’s largest EGS (enhanced geothermal system) project. The first phase will deliver 100 megawatts of baseload clean power, with the second phase adding another 400 megawatts. The site can accommodate 2 gigawatts of geothermal energy. Fervo holds more than 595,000 leased acres for potential expansion.

Cape Station has secured power purchase agreements for the entire 500-megawatt capacity. Customers include Houston-based Shell Energy North America and Southern California Edison.

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