Texas A&M University-Fort Worth will be the home of the FAA's new Center for Advanced Aviation Technologies. Photo via Getty Images.

The Texas A&M University System will run the Federal Aviation Administration’s new Center for Advanced Aviation Technologies, which will focus on innovations like commercial drones.

“Texas is the perfect place for our new Center for Advanced Aviation Technologies,” U.S. Transportation Secretary Sean Duffy said in a release. “From drones delivering your packages to powered lift technologies like air taxis, we are at the cusp of an aviation revolution. The [center] will ensure we make that dream a reality and unleash American innovation safely.”

U.S. Sen. Ted Cruz, a Texas Republican, included creation of the center in the FAA Reauthorization Act of 2024. The center will consist of an airspace laboratory, flight demonstration zones, and testing corridors.

Texas A&M University-Corpus Christi will lead the initiative, testing unstaffed aircraft systems and other advanced technologies. The Corpus Christi campus houses the Autonomy Research Institute, an FAA-designated test site. The new center will be at Texas A&M University-Fort Worth.

The College Station-based Texas A&M system says the center will “bring together” its 19 institutions, along with partners such as the University of North Texas in Denton and Southern Methodist University in University Park.

According to a Department of Transportation news release, the center will play “a pivotal role” in ensuring the safe operation of advanced aviation technologies in public airspace.

The Department of Transportation says it chose the Texas A&M system to manage the new center because of its:

  • Proximity to major international airports and the FAA’s regional headquarters in Fort Worth
  • Existing infrastructure for testing of advanced aviation technologies
  • Strong academic programs and industry partnerships

“I’m confident this new research and testing center will help the private sector create thousands of high-paying jobs and grow the Texas economy through billions in new investments,” Cruz said.

“This is a significant win for Texas that will impact communities across our state,” the senator added, “and I will continue to pursue policies that create new jobs, and ensure the Lone Star State continues to lead the way in innovation and the manufacturing of emerging aviation technologies.”

Texas is one of the best states for jobs for many reasons. VioletaStoimenova/Getty Images

Texas boasts highest starting pay in nation and more perks for workers, study says

Top marks for Texas

Texas is one of the most attractive states for workers, offering great starting salaries and job security, but there's still room for improvement in the Lone Star State, according to a new study.

Personal finance site WalletHub recently ranked the best and worst states for jobs in 2019, analyzing each in terms of the strength of its job market, opportunities, and economy. There's a lot of good — and surprising — news for Texas, which ranks No. 12 overall and places third in the economic environment category but 29th in the job market category.

Among the individual areas studied, Texas nabs a first-place ranking for highest monthly average starting salary ($3,331) along with the No. 14 spot in median annual income ($59,928). The Lone Star State scores well in several other areas, including its share of engaged workers (No. 5), job security (No. 6), and employment outlook (No. 13).

Texas falls in the middle in terms of disability-friendliness of employers (No. 20), availability of internships (No. 24), job opportunities (No. 27), and employment growth (No. 28).

There's more to be desired, however, across numerous aspects of working in Texas, including job satisfaction (No. 33); worker protection (No. 34); and average commute time (No. 37, clocking in at 26.1 minutes). We rank worst for length of average work week, No. 47; commuter-friendly jobs, No. 48; and employee benefits, No. 49.

Despite those downfalls, business is good in Texas. The Lone Star State recently was named one of the best states for women entrepreneurs and is home to many of the best cities for Hispanic business owners.

Massachusetts takes the No. 1 spot in this study, ranking first in job market and 16th in economic environment, while West Virginia comes in last, ranking 48th in economic environment and 49th in job market.

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This article originally ran on CultureMap.

We're more so the worst than the best, a study finds. Photo by gguy44/Getty Images

See where Texas falls among best states, according to a recent report

Report card

How does Texas measure up to the rest of the United States? A new study comparing the 50 U.S. states in terms of healthcare, education, the economy, and numerous other factors shows that we aren't the worst state in the country, but we're certainly not the best, either.

Texas ranks 38th overall in U.S. News & World Report's best states rankings for 2019, down two spots from 2018. Washington takes the top spot, while Louisiana has the misfortune of being in last place.

For the study, U.S. News asked Americans "how satisfied they were with various state government services and where they thought their state governments should focus resources." The site took those results and rated each state on the areas above, as well as infrastructure, opportunity, fiscal stability, crime and corrections, and natural environment. The most weight was given to healthcare, followed by education.

The Lone Star State, which is home to many notable companies (AT&T, Southwest Airlines, Whole Foods, Dell, and others), ranks best in fiscal stability (No. 12) and economy (No. 15).

America's oil boom in the early 1900s transformed Texas, and the state continues to be a key player in the industry, as well as a leading destination for business, the study explains.

"Texas' diverse industrial base has drawn many businesses and workers in recent decades because of light regulation, low taxes and a low cost of labor," U.S. News says. "Entrepreneurs are particularly attracted to Austin, which emerged as a major player in the technology industry in the 1990s. Its 'South by Southwest' is one of the preeminent national tech conferences."

What else is working in Texas? "Traditionally, agriculture has been among the state's largest industries, and it produces the most livestock and livestock product in the country," the study adds. "The state also is a leader in export revenues, according to the U.S. Census Bureau. Other industries driving growth include business, education and health, hospitality and manufacturing."

Texas, however, could stand to improve in many areas: infrastructure (33), crime and corrections (33), education (34), healthcare (37), opportunity (39), and natural environment (40).

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This article originally ran on CultureMap.

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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.

Baylor scientist lands $2M grant to explore links between viruses and Alzheimer’s

Alzheimer’s research

A Baylor College of Medicine scientist will begin exploring the possible link between Alzheimer’s disease and viral infections thanks to a $2 million grant awarded in March.

Dr. Ryan S. Dhindsa is an assistant professor of pathology & immunology at Baylor and a principal investigator at Texas Children’s Duncan Neurological Research Institute (Duncan NRI). He hypothesizes that Alzheimer’s may have some link to previous viral infections contracted by the patient. To study this intriguing possibility, the American Brain Foundation has gifted him the Cure One, Cure Many award in neuroinflammation.

“It is an honor to receive this support from the Cure One, Cure Many Award. Viral infections are emerging as a major, underappreciated driver of Alzheimer's disease, and this award will allow our team to conduct the most comprehensive screen of viral exposures and host genetics in Alzheimer's to date, spanning over a million individuals,” Dhindsa said in a news release. “Our goal is to identify which viruses matter most, why some people are more vulnerable than others, and ultimately move the field closer to new therapeutic strategies for patients.”

Roughly 150 million people worldwide will suffer from Alzheimer’s by 2050, making it the most common cause of dementia in the world. Despite this, scientists are still at a loss as to what exactly causes it.

Dhindsa’s research is part of a new range of theories that certain viral infections may trigger Alzheimer’s. His team will take a two-fold approach. First, they will analyze the medical records of more than a million individuals looking for patterns. Second, they will analyze viral DNA in stem cell-derived brain cells to see how the infections could contribute to neurological decay. The scale of the genomic data gathering is unprecedented and may highlight a link that traditional studies have missed.

Also joining the project are Dr. Caleb Lareau of Memorial Sloan Kettering Cancer Center and Dr. Artem Babaian of the University of Toronto. Should a link be found, it would open the door to using anti-virals to prevent or treat Alzheimer’s.