Tag: Port San Antonio

Plus One Robotics raises $50M Series C for parcel robotics vision tech
7Mar By Iris GonzalezNo Comments
Articles, Featured

Plus One Robotics raises $50M Series C for parcel robotics vision tech

Plus One Robotics, a San Antonio-based leading provider of advanced AI vision software and solutions for robotic parcel handling, closed a $50 million Series C funding round Tuesday. Scale Venture Partners led the round, with participation from Top Tier Capital Partners, Tyche Partners, and ROBO Global Ventures, along with previous investors.The funding will support Plus One’s ongoing expansion in the U.S. and Europe and product development driven by the global boom in e-commerce. The Series C brings the San Antonio-based startup’s total funding up to $94 million to date, which includes their $33 million Series B funding in 2021.Plus One co-founders Nieves, Shaun Edwards, and Paul Hvass have combined several advanced technologies to automate warehouse operations for e-commerce comp...
Read More
Port San Antonio is building a vertiport, here’s why
27Sep By Iris GonzalezNo Comments
Articles, Featured

Port San Antonio is building a vertiport, here’s why

Electric vertical take-off and landing or eVTOL vehicles could be the next frontier in urban transportation. That’s the bet Port San Antonio is making in building a new aviation center for eVTOL vehicles on its expansive campus.Since San Antonio’s Kelly Air Force base closed in 2001, Bexar County’s largest commercial real estate property has been steadily redeveloped into an innovation hub. Port San Antonio is now slated to be the home of one of the first vertiport facilities in the U.S., Port CEO Jim Perschbach revealed earlier this year.The vertiport infrastructure would support the electric vertical take-off and landing aircraft to move people from point to point, place to place, all on-demand, Perschbach told Startups San Antonio. Building the eVTOL transportation platform also...
Read More
Two Six Technologies Opens New Office at Port San Antonio
18Aug By Iris GonzalezNo Comments
Articles, Featured

Two Six Technologies Opens New Office at Port San Antonio

Two Six Technologies, a fast-growing technology company specializing in products and expertise for the U.S. national security sector, is opening a new office at Port San Antonio. The Arlington, VA-based company will join other locally-launched and enterprise-level businesses based at the Port working in aerospace, cybersecurity, robotics, defense, and space exploration.Over 5,000 new jobs have been created at the Port in the past four years. The innovation-focused campus is now home to more than 80 employers and nearly 16,000 workers. San Antonio is home to one of the world’s largest and fastest-growing concentrations of cybersecurity experts, making it the nation’s second-largest cybersecurity cluster. Port San Antonio has about 2,000 cybersecurity professionals working on its campus....
Read More
Austin-based Capital Factory connects San Antonio startups to U.S. military
24May By Iris GonzalezNo Comments
Articles, Featured

Austin-based Capital Factory connects San Antonio startups to U.S. military

Texas has become a destination for many entrepreneurs and companies interested in bringing new capabilities and technologies to a market with an economy ranking tenth globally. Founder and CEO Joshua Baer and his team at Capital Factory, an Austin-based accelerator and venture capital firm focused on entrepreneurs based in Texas, are bullish on the state's potential. Baer eagerly tells people how Texas is the most promising technology market in the United States. Capital Factory's strategy to expand its presence across Texas is detailed in its Texas Startup Manifesto. "By connecting Austin, Dallas, Houston, San Antonio, and the rest of the state into a Texas Startup Megatropolis, we can unlock billions of dollars in capital and unleash thousands of diverse entrepreneurs," Baer writes. ...
Read More
Texas Venture Firm Capital Factory Launches Location at Port San Antonio
1Oct By Iris GonzalezNo Comments
Articles, Featured

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...
Read More
Atmospheric Water Generation Tech To Debut At Port San Antonio
26Aug By Iris Gonzalez1 Comment
Articles, Featured

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 ...
Read More
Port San Antonio Created Over 1,200 Jobs in 2020
29Jun By Iris GonzalezNo Comments
Articles, Featured

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...
Read More
Port San Antonio Robotics Company XYREC Wins Innovation Award
27May By Iris GonzalezNo Comments
Articles, Featured

Port San Antonio Robotics Company XYREC Wins Innovation Award

XYREC has won a prestigious award for its ground-breaking laser coating removal robot, a 72-foot-tall robotics system that uses a 20-kilowatt laser to remove paint from aircraft and other large pieces of equipment.The American Council for Technology and Industry Advisory Council (ACT-IAC) announced the 13 winners of its 2021 Innovation Award earlier in May. ACT-IAC is a non-profit public-private partnership dedicated to improving government through the application of information technology, providing a forum for government and industry to collaborate on critical technology issues in the public sector.A panel of judges selected the 13 award winners from 169 nominations. The 13 companies include global industry leaders such as MITRE and Oracle and highlight technological advances in...
Read More
Plus One Robotics Raises $33M for Expansion into Global Markets
27Apr By Iris GonzalezNo Comments
Articles, Featured

Plus One Robotics Raises $33M for Expansion into Global Markets

Plus One Robotics, a San Antonio-based leading provider of vision software for logistics robots, closed a $33 million Series B funding round Tuesday. The funding will support Plus One’s ongoing expansion in the U.S. and Europe and product development driven by the global boom in e-commerce.McRock Capital, an industrial Internet of Things (IoT) fund and early-stage Silicon Valley venture capital firm TransLink Ventures, co-led the round. Existing investors joined automotive industry-focused BMW i Ventures and Kensington Capital Partners, along with innovation investors Perot Jain and Ironspring Ventures, to participate in the Series B round.Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join Plus One's Board of Directors.The fundraising started just before t...
Read More
Port San Antonio Innovation Center on Track to Open by Early 2022
12Apr By Iris GonzalezNo Comments
Articles, Featured

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...
Read More