The Texas Parks and Wildlife Commission unanimously voted in favor of swapping land with SpaceX. Photo via spacex.com

SpaceX would acquire public land in Texas to expand its rocket-launch facilities under a tentative deal that is moving forward after months of opposition from nearby residents and officials near the U.S.-Mexico border.

The tentative land-swapping deal moved forward this week when the Texas Parks and Wildlife Commission unanimously voted in favor of swapping 43 noncontiguous acres from Boca Chica State Park with SpaceX, which would give the state 477 acres about 10 miles south of the park near Brownsville, Texas.

Some of the 43 contested acres are landlocked with no public access but with protected plant and animal species. Although SpaceX is proposing swapping the public land for 477 acres, it has not yet purchased that property. None of the land in the deal has beach access, but the 43 acres sit near protected federal land and lagoons that stretch along the coast.

“Through this transaction we are guaranteeing the conservation of 477 acres, which would otherwise potentially be developed into condominiums or strip centers,” Jeffery D. Hildebrand, the Texas Parks and Wildlife Commission chairman appointed by Gov. Greg Abbott, said at the meeting's close.

The deal started in 2019 as a conversation between the state and SpaceX. But it was finally worked out in 2023, said David Yoskowitz, the Texas Parks and Wildlife Department's executive director.

People sent over 2,300 letters to the department to voice their opinion. Although the majority, 60%, were opposed, the department recommended the state vote in favor of the deal, which had the support from the Democratic state senator for the area, the comptroller and the Texas General Land Office commissioner.

Dozens of people traveled up to the Monday's meeting in the state capital of Austin to voice their support or discontent with the plan.

Cyrus Reed, the legislative and conservation director with the Lone Star chapter of the Sierra Club, was among those opposing the deal.

“We think, as an alternative, if we think the 477 acres are valuable, go and buy it. We the voters of Texas have given you money to purchase valuable land," Reed said, referring to the state's Centennial Parks Conservation Fund.

In November, voters approved the establishment of the fund, creating the largest endowment for park development in Texas history.

“And remember the precedent you’re setting," Reed said. "If you approve this deal, that means every industrialist, everyone who has an interest in expanding is going to look at this and say, ‘Where can I go find some land that I can exchange to continue to pollute and hurt other land?’ So, that’s not a net benefit for Texas.”

SpaceX Starbase general manager Kathryn Lueders attended the meeting and said she has seen wildlife coexist with spacecraft in Florida when she worked as a program manager for NASA.

“At the same time, it further expands on a critical refuge and allows Texans to receive a coveted property which has been sought by multiple state and federal agencies for conservation efforts for over a decade,” she said.

An environmental assessment, public comment period and other consultations could mean the disposition of the property could take up to 18 months to complete, according to the Texas Parks and Wildlife Department's general counsel.

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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.”

Houston investment firm names tech exec as new partner

new hire

Houston tech executive Robert Kester has joined Houston-based Veriten, an energy-focused research, investment and strategy firm, as technology and innovation partner.

Kester most recently served as chief technology officer for emissions solutions at Honeywell Process Solutions, where he worked for five years. Honeywell International acquired Houston-based oil and gas technology company Rebellion Photonics, where Kester was co-founder and CEO, in 2019.

Honeywell Process Solutions shares offices in Houston with the global headquarters of Honeywell Performance Materials and Technologies. Honeywell, a Fortune 100 conglomerate, employs more than 850 people in Houston.

“We are thrilled to welcome Robert to the Veriten team,” founder and CEO Maynard Holt said in a statement, “and are confident that his technical expertise and skills will make a big contribution to Veriten’s partner and investor community. He will [oversee] every aspect of what we do, with the use case for AI in energy high on the 2025 priority list.”

Kester earned a doctoral degree in bioengineering from Rice University, a master’s degree in optical sciences from the University of Arizona and a bachelor’s degree in laser optical engineering technology from the Oregon Institute of Technology. He holds 25 patents and has more than 25 patents pending.

Veriten celebrated its third anniversary on January 10, the day that the hiring of Kester was announced. The startup launched with seven employees.

“With the addition of Dr. Kester, we are a 26-person team and are as enthusiastic as ever about improving the energy dialogue and researching the future paths for energy,” Holt added.

Kester spoke on the Houston Innovators Podcast in 2021. Listen here

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