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5 most popular innovation stories in Houston this week

An update from the developing East End Maker Hub — along with the announcement of the newest tenant — was among this week's top stories. Image courtesy of East End Maker Hub

Editor's note:Another week has come and gone, and it's time to round up the top headlines from the past few days. Trending Houston tech and startup news on InnovationMap included innovators to know, Houston's economic outlook, the latest from the East End Maker Hub, and more.


3 Houston innovators to know this week

This week's innovators to know roundup includes Kirsten Siebach of Rice University, Mike Francis of NanoTech Inc., and Kim Raath of Topl. Photos courtesy

In last week's roundup of Houston innovators, I'm introducing you to three innovators across industries — from space exploration to materials science. Continue reading.

3D-printing startup to move into rising Houston innovation and maker hub

Volumetric Biotechnologies has announced its moving its HQ to the East End Maker Hub. Image courtesy of East End Maker Hub

The East End Maker Hub has landed perhaps its most intriguing tenant thus far — a Houston startup that makes 3D-printed human organs.

Volumetric Biotechnologies Inc. has leased 11,200 square feet at the East End Maker Hub to serve as its headquarters and manufacturing center. Jordan Miller, co-founder of Volumetric, says one of the benefits of being located at the hub will be access to a cleanroom operated by Alchemy Industrial, a 3D manufacturer of medical devices. Earlier this year, Houston-based Alchemy leased more than 5,400 square feet at the East End hub.

Volumetric will occupy space in the first phase of the 307,000-square-foot project East End Maker Hub. That phase of the $37 million project is set to open soon. The startup's current 5,000-square-foot headquarters is at 7505 Fannin St., near the Woman's Hospital of Texas and south of the Texas Medical Center. Continue reading.

2021 will be a 'bipolar year' and other key takeaways from the Greater Houston Partnership's economic outlook

The Greater Houston Partnership hosted its annual economic outlook event online — here's what the numbers indicate for Houston business in the new year. Photo via Getty Images

As much of the world is ready to celebrate a new year — one likely to be drastically less affected by COVID-19 — the Greater Houston Partnership released an annual report about what Houston's economy will look like in 2021.

Senior vice president of research Patrick Jankowski and his team put the Houston Region Economic Outlook report together and shared some its highlights at a virtual event hosted by Bob Harvey, president and CEO of GHP.

Of course, much of the study focused on how the coronavirus — as well as the impending vaccine — will affect the region's economy.

"At this point last year, neither Patrick nor any of us could have predicted the arrival of COVID-19 and its devastating impact on the global economy," Harvey says at the event. "Here in Houston COVID wreaked havoc on industries across the spectrum from energy to hospitality." Continue reading.

Here's how Houston researchers are doing their work amid COVID-19

The University of Houston explores how research is being conducted in the age of the pandemic. Graphic byMiguel Tovar/University of Houston

As far as COVID-19 goes, Level 1 is the worst threat level. Harris County remains at Level 1, or "Severe Threat" for infection of the novel coronavirus. Yet, as they say in the theater, "The show must go on!" And for the most part, research is continuing in many ways. Surveys, interviews and other socially-distanced research has been easy to keep up during the COVID crisis. Continue reading.

City offers internet vouchers to low-income Houstonians amid pandemic

The city of Houston has implemented a new free internet program in collaboration with Comcast. Photo via Getty Images

It's an increasingly digital world, and COVID-19 has just accelerated that trend exponentially. Yet, there are still tons of Houstonians operating offline due to socioeconomic inequities.

The Houston City Council recently approved a $624,960 program with funding from the CARES Act to help bridge this gap. The program, by Mayor Sylvester Turner's Health Equity Response (H.E.R.) Task Force in partnership with Comcast, will provide 5,000 internet vouchers to low-income Houstonians. Applications for the vouchers are open from now until December 20, 2020, and will be distributed on a first-come, first-served basis. They will provide internet for one calendar year.

"This pandemic has highlighted the importance of quality internet service particularly for those vulnerable populations who must stay at home to stay safe," says Mayor Sylvester Turner in a news release. "This program will provide a lifeline for citizens that have struggled through the pandemic without internet access and a way to stay informed, connected and safe during these challenging times." Continue reading.

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Building Houston

 
 

Just after announcing an investment from United, NEXT Renewable Fuels Inc. scored a SPAC-based IPO. Photo via nextrenewables.com

It’s been a momentous month for Houston-based NEXT Renewable Fuels Inc.

On November 15, United Airlines Ventures announced an investment of up to $37.5 million in the next-generation, low-carbon fuel producing company.

Just a week later, the company revealed it’s going public through a SPAC merger with Industrial Tech Acquisitions II Inc. The deal, expected to close in the second quarter of 2023, assigns a $666 million equity value to NEXT. The publicly traded company will be named NXTCLEAN Fuels Inc.

NEXT, founded in 2016, produces low-carbon fuels from organic feedstock. The company plans to open a biofuel refinery in Port Westward, Oregon, that’s set to start production in 2026. The refinery could produce up to 50,000 barrels per day of sustainable aviation fuel, renewable diesel, and other renewable fuels.

“West Coast states are demanding a clean fuels conversion of the transportation and aviation industries with aggressive targets necessitating rapid increases in clean fuel supplies,” Christopher Efird, executive chairman and CEO of NEXT, says in a news release. “[The company] is advancing toward becoming one of the largest U.S.-based suppliers of clean fuels for these markets, and is investigating and pursuing potential vertical expansion into other clean fuels.”

The proposed public listing of NEXT’s stock on the Nasdaq market and United’s investment are poised to help NEXT reach its goal of becoming a leader in the clean fuel sector. United’s investment appears to be the first equity funding for NEXT.

“Right now, one of the biggest barriers to increasing supply and lowering costs of sustainable fuel is that we don’t have the infrastructure in place to transport it efficiently, but NEXT’s strategic location and assets solve that problem and provide a blueprint for future facilities that need to be built,” Michael Leskinen, president of United Airline Ventures, says in a news release.

United’s investment arm, launched in 2021, targets ventures that will complement the airline’s goal of achieving net-zero emissions by 2050.

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