Tag: innovation center

Texas Venture Firm Capital Factory Launches Location at Port San Antonio
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Texas Venture Firm Capital Factory Launches Location at Port San Antonio

Capital Factory, an Austin-headquartered venture capital firm that helps technology innovators scale their growth via strategic partners and investors, has signed an agreement with Port San Antonio to open its latest location in the Port's Tech Port Center + Arena.The Port's 130,000-square-foot innovation center is located at the corner of General Hudnell Drive and 36th Street and is slated to open in April 2022. The new facility will be home to the expanded San Antonio Museum of Science and Technology, a 24-hour state-of-the-art e-gaming arena, and a collaborative technology research and development (R&D) laboratory for innovators.In addition to its office space, Capital Factory will also operate the Tech Port Center's collaborative tech R&D lab. Capital Factory members working on...
Atmospheric Water Generation Tech To Debut At Port San Antonio
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Atmospheric Water Generation Tech To Debut At Port San Antonio

On track to open in spring 2022, Port San Antonio's forthcoming innovation center is already attracting promising advanced technologies to the Alamo City. The Port will be the first to acquire an atmospheric water generation (AWG) system from Genesis Systems, a developer of industrial technology that sustainably generates water. AWG technology produces potable water from the surrounding air by extracting water vapor from ambient air via condensation, rendering the water drinkable in the process. Each Genesis unit is about the size of a shipping container and can be moved easily by rail, truck, or cargo aircraft, converting moisture in the air into more than a thousand gallons of potable water daily.Genesis Systems will install a unit to supply water for the outdoor area at the Port's ...
Port San Antonio Created Over 1,200 Jobs in 2020
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Port San Antonio Created Over 1,200 Jobs in 2020

Despite the past 16 months of pandemic-induced restrictions, Port San Antonio has stayed the course powered by its mission to create an innovation hub and more tech jobs at its San Antonio campus.Startups and established global enterprises on the Port’s 1,900-acre technology campus have added more than 4,600 new jobs since 2018 — including over 1,200 jobs in 2020 alone, Port San Antonio chief executive officer (CEO) and president Jim Perschbach said at the annual State of the Port update Tuesday morning.San Antonio Mayor Ron Nirenberg and District 4 Councilwoman Adriana Rocha Garcia kicked off the community’s first major technology innovation showcase since early 2020. The function included a brief update on the Port’s recent milestones, led by Port Board chair Chris Alderete and P...
Port San Antonio Innovation Center on Track to Open by Early 2022
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Port San Antonio Innovation Center on Track to Open by Early 2022

On an overcast Monday morning, Sundt Construction crew members installed large 40-foot concrete walls into place for the Port San Antonio innovation center. Port San Antonio CEO Jim Perschbach confirmed the new facility would open by February or March of 2022.   Port San Antonio board members committed $60 million in August 2020 to build a state-of-the-art facility that will connect people with employment, educational, and entrepreneurial opportunities. The 130,000 square-foot innovation center will be a multi-purpose building with a 2,500-seat state-of-the-art technology arena capable of flexible configurations for hosting esports (competitive multiplayer video gaming) competitions, concerts, product launches, large training programs, and conferences. The expanded home for the San Anton...
IPSecure Scales as it Strategically Supports U.S. Cyber Defenses: Port San Antonio’s Tech Innovation Series
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IPSecure Scales as it Strategically Supports U.S. Cyber Defenses: Port San Antonio’s Tech Innovation Series

Port San Antonio’s tech innovation series features local technology innovators and explores San Antonio’s growth as a major tech and cybersecurity hub. Learn more here.Local cybersecurity companies such as IPSecure are growing rapidly to meet the global demand for cyber innovation, cementing San Antonio's place among the world's top 10 hubs for cybersecurity talent.  IPSecure is the latest cybersecurity company to be featured in Port San Antonio's latest Building Futures on the Leading Edge of Innovation program.IPSecure provides comprehensive network cybersecurity for government and commercial clients and cybersecurity software development, training and simulation, and risk management services. The company was founded in 2000 by former Air Force civil employee Jesse Rodriguez and ...
Port San Antonio Board Approves Funding for $60M Innovation Center
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Port San Antonio Board Approves Funding for $60M Innovation Center

Port San Antonio board members approved committing $60 million to build an innovation center after a meeting on Thursday, according to Port officials. The construction of a state-of-the-art innovation center will help advance the organization's Tech Port strategy to connect people with employment, educational, and entrepreneurial opportunities. The Port will fund the project construction costs via a commercial loan, to be repaid from anticipated multiple revenue streams from the center's entertainment events, conferences, and industry partnerships. In keeping with the Port's economic development mandate, the board also decided to allocate 100% of the innovation center's excess revenue (after expenses) to support technology-focused K-12, college-level, and professional development progr...
SAMSAT CEO Growing Early-Stage Science and Tech Museum into World-Class STEM Institution
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SAMSAT CEO Growing Early-Stage Science and Tech Museum into World-Class STEM Institution

There hasn't been a quiet day since Douglas King started in mid-March as the new president and CEO of the San Antonio Museum of Science and Technology (SAMSAT). At about the same time as the COVID-19 pandemic restrictions went into place, King was learning about the world-class collection of historical science and technology artifacts housed at Port San Antonio in the former Kelly Air Force Base chapel.The early-stage technology and science museum has been the centerpiece of the Port's planned innovation hub since SAMSAT founder, innovator, and entrepreneur David Monroe moved his collection to the Port in 2017. Conceived as a hub for science, technology, engineering, and math (STEM) innovators and entrepreneurs to work alongside industry partners, the Port's innovation center, once com...
Port San Antonio Board Approves ASM Global as Operator for New Innovation Center
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Port San Antonio Board Approves ASM Global as Operator for New Innovation Center

Port San Antonio announced venue management company ASM Global as the operator for the Port's planned innovation center after board members approved plans in a meeting on Wednesday, according to Port officials.ASM Global is a venue management and services company with a global portfolio of more than 300 of the world's most prestigious arenas, stadiums, convention and exhibit centers, such as the STAPLES Center in Los Angeles. ASM will be responsible for the management and booking of the Port's innovation center, as well as for the food and beverages in the center's food hall.Port San Antonio will retain full ownership, paying ASM a monthly fee.The Port's re-development agreement with American Triple I Partners, an infrastructure private equity firm focused on transportatio...
Port San Antonio Board Approves Phase 1 Plans for New Innovation Center
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Port San Antonio Board Approves Phase 1 Plans for New Innovation Center

Port San Antonio announced it would begin development of its proposed innovation center after board members approved plans in a meeting on Wednesday, according to Port officials.The board resolution authorizes the Port to spend up to $1 million on architectural and engineering design development costs for Phase 1 of the new facility. Completion of the design package for the project, complete with conceptual renderings, is expected in spring 2020.The approved center will include a technology arena, museum, collaborative technology transfer lab, an industry showroom, and community spaces and amenities. The new center is designed to accelerate innovation development already in progress at the Port and across San Antonio, Port president and CEO Jim Perschbach said during the annual Por...
Shift in Port San Antonio Strategic Approach Yields Close to 3,000 New Jobs
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Shift in Port San Antonio Strategic Approach Yields Close to 3,000 New Jobs

Port San Antonio's new strategic course launched 18 months ago has paid off with close to 3,000 new jobs in cybersecurity, aerospace, and other advanced technologies, Port president and CEO Jim Perschbach said in Friday's State of the Port address. Organized by the West San Antonio Chamber of Commerce, the annual year in review emphasized how bold decisions have paid off so far in economic development and new opportunities for innovation at the Port.Of the 2,757 jobs created since the start of fiscal year 2018 to date, only 50 were a result of economic incentives offered by the San Antonio Economic Development Foundation, Pershbach said. The Port is home to significant cybersecurity operations, including 1,000 personnel employed by the 16th Air Force (Air Forces Cyber) headquarters...