Business

 

 

Jacobs to acquire software enabled cloud and edge analytics provider BlackLynx.

Dallas-Based Jacobs Acquires BlackLynx to Strengthen Its Cyber and Intelligence Offering

by | Nov 1, 2021
Acquiring BlackLynx expands Jacob's position to 14 of 18 U.S. Intelligence Community agencies. BlackLynx's embedded analytics platform provides real-time AI and ML image and data classification in the cloud and at the edge—deepening Jacobs' capabilities to deliver actionable, real-time insights to meet national security priorities.
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Irving-based Fluor receives $1.16B contract extension for Navy nuclear propulsion work [Photo: Fluor]
Irving-based Fluor Gets $1.16B Contract Extension for Navy Nuclear Propulsion Work
by | Nov 1, 2021
When you think of Irving, you probably don't think "submarines." Well, you should start. Irving is home to the headquarters of Fluor, whose subsidiary Fluor Marine Propulsion got the one-year extension to work on naval nuclear propulsion technology at Navy Nuclear Laboratory sites in New York, Pennsylvania, and Idaho. 
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Pam Seagle, Bank of America's manager of global women’s programs
New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources
by | Oct 29, 2021
Women entrepreneurs in North Texas and across the U.S. have long faced challenges in finding funding for their businesses. Now Bank of America is stepping in to help "bridge the capital gap" with its new Access to Capital platform. The online resource educates women entrepreneurs on ways they can fund their businesses, and covers more than 350 sources of capital.
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Panel: Self-Driving Trucks Find Dallas-Fort Worth Launchpoint
by | Oct 29, 2021
Dallas-Fort Worth is ground zero for the development of autonomous truck technology, thanks to the cooperation of business leaders, and local, regional, and state governments, industry leaders say.

Experts from Kodiak, Waymo, Aurora, Embark, TuSimple, and Deloitte discuss why DFW is at the center of self-driving trucking deployments—and how that's shaping the future of the global supply chain. Here's a takeaway.
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Fort Worth’s FirstCash to Acquire Fintech in $1.17B Deal to Enter the ‘Buy Now, Pay Later’ Payment Space

by | Oct 28, 2021
FirstCash, a pioneer in operating retail pawn shops, will use American First Finance, the fourth largest provider of point-of-sale payment solutions to underserved customers, to enter a $600 billion total addressable market.
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Champion Impact Capital Launches Investment Platform to Match North Texas Tech Entrepreneurs with Potential Funders
by | Oct 28, 2021
The free investment platform—Spark North Texas—is funded by a $950K grant from the U.S. Economic Development Association. Its "matchmaking algorithm" will connect entrepreneurs with suggested innovative financing structures and capital. Investors—including several angel networks that have already committed—will peruse the founders' projects seeking opportunities that meet their criteria. The goal: Spark new ideas that will help North Texas emerge from the pandemic, by bringing new tech solutions to market. Deadline for entrepreneurs to apply is November 24.
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The Shadow CEO has expert advice for entrepreneurs on Dallas Innovates: Here's what founders need to know about distributing equity. The series bu Dennis Cagan is both a '101' and a master class for entrepreneurs who are growing a startup.
The Shadow CEO:
Deciding to Distribute Startup Equity? Here’s a Founder’s Guide
by | Oct 28, 2021
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in the Shadow CEO series. Part 2: Equity distribution for entrepreneurs, explained
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HALL Park is expanding in Frisco, Texas.
Hall Group Begins Work on a $7B Reimagining of Frisco’s Hall Park
by | Oct 28, 2021
The redevelopment will include a new 16-story office tower, a 19-story apartment building, a 154-room boutique hotel, and a food hall—all with views of a new community park. Phase 1 has already begun: an initial $500M mixed-used project located across Warren Parkway from The Dallas Cowboys' Star development.
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Dallas Invents: 113 Patents Granted for Week of Oct. 12
by | Oct 27, 2021
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: American Airlines' cargo management system, AT&T's document analysis using machine learning and neural network, Baylor University's carpal bone fusion device and metho, Futurewei Technologies' operating states for D2D discover, IBM's augmented reality tagging of non-smart item, Mentalix's robotic document feede, and Textron Innovations' mobile autonomous hydrogen refueling station.
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Israeli Network Automation Company Moves HQ to Dallas, Closes $32M Series A Round
by | Oct 26, 2021
BackBox will grow its operations and network management and security solutions from its new HQ in Dallas. Leading that is Andrew Kahl, an operating advisor at Elsewhere Partners—the investment firm that led BackBox's Series A—who will build out an executive team locally.
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Mark Cuban Cost Plus Drug Company Dallas Deep Ellum
Mark Cuban, Drug Czar: Mavs Owner Is Launching an Online Pharmacy to Help Solve Skyrocketing Prescription Costs
by | Oct 26, 2021
The Mark Cuban Cost Plus Drug Company is building an $11M, 22,000SF drug manufacturing plant in Dallas' Deep Ellum, aiming to "disrupt and disable big pharma." The startup plans to launch an online pharmacy selling 100 of the most commonly prescribed generic prescription drugs at a 15 percent markup plus a $3 dispensing fee.

"Our only goal is to push down the pricing of drugs for every American," the company pledges.
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Meet the Finalists: The Innovation Awards 2022, Presented by Dallas Innovates and D CEO

Now in its third year, the program from Dallas Innovates and D CEO honors 78 disruptors and trailblazers driving a new vision for innovation in North Texas.
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Tech Titans Releases List of the 22 Fastest-Growing Tech Companies in North Texas
by | Oct 26, 2021
Tech Titans has released its list of the 22 fastest-growing tech companies in North Texas in 2021, based on three-year revenue growth. The top rankings and growth percentages will be announced at the Tech Titans Awards Gala on January 19, 2022.
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North Texas’ Grandscape Named World’s ‘Most Innovative Retail and Entertainment Project’ at London’s RLI Awards
by | Oct 25, 2021
The award is presented annually by Retail and Leisure International, the world's only global magazine for the retail and leisure industry. Grandscape was noted for innovative retail and entertainment offerings that range from the 180-foot Grandscape Wheel to new concepts like Puttery and Electric Gamebox, along with crowd-pleasing attractions like Jurassic Park: The Exhibition.
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Hillwood Partners with Alphabet’s Wing to Launch First Commercial Drone Delivery Service in a Major U.S. Metro
Wing will operate a drone delivery facility in Dallas-Fort Worth at the Frisco Station development with a small number of flights starting this week. 
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