Business

 

 

DI People: American Airlines, StackPath, Infolob, and More Make Leadership Moves

by | Aug 26, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from the cities of Dallas and Plano, the North Texas Commission, TPG, ParkHub, Vistra, CyrusOne, Van’s Kitchen, ROBOAMP, and more.
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How the Dallas Innovation Alliance Is Bridging the Digital Divide
Up to 42% of Dallas households lack a fixed connection to the internet. Without the tools and know-how to connect to the digital world, people can be left behind, especially in economically disadvantaged parts of the city. DIA is working to change that with its Digital Ambassador program.

Now, with help from the Dallas Foundation and Santander Consumer USA—and a $1 million grant from AT&T—DIA aims to get people not just connected, but thriving.
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Bill & Melinda Gates Foundation Grant Fuels Celanese’s Development of Medical Device
by | Aug 25, 2022
The foundation's $626,000 grant will be used by Irving-based Celanese Corporation to produce a refillable contraceptive implant. The project's goal is to help women in developing countries who lack access to modern contraception options, and could benefit from more flexibility and control. To develop the device, Celanese will use its VitalDose drug delivery platform, an implantable device for controlled drug release that’s been used commercially in the U.S. and Europe.
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NTT Data Opens North American Innovation Center in Plano
NTT Data is expanding its Plano presence with the opening of a new North American Innovation Center, where it will focus on customer-facing tech including areas like 5G, smart city planning, and “digital humans”—virtual models of the human body for medical research. The new center will coordinate with five other NTT Data innovation centers in Japan, Italy, Germany, China, and India.
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The Last Word: UT Southwestern’s Kathleen Bell, M.D., on Long-Haul COVID

As many North Texans try to move on from the pandemic, Dr. Bell is focused on the "tens of millions of patients" who've developed long-haul COVID—and who are experiencing life-altering symptoms long after their COVID-19 infection cleared.
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PGA President Jim Richerson and PGA of America CEO Seth Waugh on stage at the Welcome Home Celebration at PGA Frisco.
PHOTOS: PGA of America Tees Up the Future of Golf in Frisco
Four years in the making, the Home of PGA of America opened its doors for a "Welcome Home Celebration" on Monday. The state-of-the-art building at PGA Frisco is a symbol of the future of the organization and the game of golf.
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Meet the Inaugural Board of Directors of the Dallas Economic Development Corporation
by | Aug 24, 2022
The newly created Dallas Economic Development Corporation is a nonprofit aimed at attracting new businesses to the city, while supporting economic and workforce development. Formed with the help of $7 million in federal money from the American Rescue Plan Act, the Dallas EDC now has its first board of directors, after receiving approval from the Dallas City Council. “The corporation will play an integral part in growing the Dallas business community, and we need passionate and qualified people at the helm,” said Councilmember Tennell Atkins, chairman of the city’s Economic Development Committee.
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Dallas Invents: 145 Patents Granted for Week of August 9
by | Aug 24, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: American Airlines' predictive sensor system for aircraft engines with graphical user interface, Astrapi's spiral polynomial division multiplexing, B.YOND's self-intelligent improvement in predictive data models, Barefoot Networks' packet header field extraction, Belaj Innovations' compositions of marine botanicals to provide nutrition to aging and environmentally damaged skin, Boston Scientific Scimed's artificial sphincter system and method, Edible Garden AG's greenhouse agriculture system, FlyingTee Tech's multiplayer, multisport indoor game system, Hewlett Packard's watermark for manufacturing authenticity, Huawei Digital Power Technologies' high efficiency power regulator, Intuit's document classification using signal processing,
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Plano-Based Toyota Partners with the DOE on a $6.5M Megawatt-Scale Fuel Cell Project

by | Aug 24, 2022
Fuel cells for cars? Think bigger—because Toyota sure is. After developing hydrogen fuel cell technology for over 25 years, mostly aimed at carbon-zero vehicles, the company is scaling up the tech for uses far beyond cars. Now it's working with the U.S. government to build a system that can add energy to the grid, power things like data centers, and more.
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The Last Word: Arun Agarwal On the Impact of the Indian American CEO Council
Dallas Innovates spoke with Agarwal and Yajnik about the IACEO's new study on how the Indian American community is making a mark—and why it matters. It reveals striking insights including the fact that 220,000 Indian Americans live in the DFW area, with nearly 1 in 3 working in STEM careers. Indian Americans account for 66% of all Asian-owned business in DFW, generating $10 billion in DFW business receipts.
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Irving-Based Vistra Names First Chief Strategy and Sustainability Officer
by | Aug 23, 2022

Stacey Doré will join Vistra as its first chief strategy and sustainability officer and executive vice president of public affairs, the company announced.

As of August 23, she’ll be responsible for corporate strategy, sustainability, regulatory and government affairs, communications, and community engagement at the Irving-based Fortune 500 power company....

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Plano’s CareAR and Lenovo Join Forces On Wearable Smart Glasses for Enterprise Extended Reality Solutions
Plano-based CareAR, a Xerox-owned service experience management company, is bringing its augmented reality platform to Lenovo’s 5G-enabled wearable smart glasses. That allows field technicians to overlay what they're seeing in real time with interactive tools and instructional content. “We're fundamentally augmenting the intelligence of workers across a variety of industries," says Sam Waicberg, CareAR’s co-founder and president.
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The Last Word: Paul Puopolo on DFW Airport’s First Innovation Week
Beginning today, Dallas Fort Worth International Airport is hosting its first-ever Innovation Week—a four day-event promoting "a culture of innovation, discovery, and engagement." The week will include speaker panels, education sessions, workshops, and tech demos to celebrate what Puopolo calls the "the everyday innovator."
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Follow the Money: Recuro Health Expands with New Acquisition, Texas Cybersecurity Transplant Raises $70M, and More
by | Aug 22, 2022
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
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Runway Growth Capital Adds to Life Science Team With New Dallas Managing Director
by | Aug 20, 2022
Brannon Morisoli will join the team at a time when life science is booming in North Texas. Most recently, Dallas-Fort Worth ranked for the first time in the "Top 20 U.S. metros for life science" 2022 report by CommercialEdge. 
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