The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
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AllianceTexas
[Photo: Booster Fuels]
Fuel Delivery Startup with Fort Worth Ties Lands $125M to Push for Renewable, Alternative Options
by Kevin Cummings | May 26, 2022
Launched in 2014 out of Fort Worth's AllianceTexas development, Booster provides delivery of traditional and alternative fuels to fleets, corporate campuses, and retail properties.
The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
The $125M funding round included a longtime Booster backer—Dallas-based venture capital firm Perot Jain.
by Quincy Preston and Sandra Engelland |
Apr 21, 2022
Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.
The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
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by David Seeley |
Apr 19, 2022
Planning and operations in the Mobility Innovation Zone require a consistent and reliable connection throughout the whole journey of each tested vehicle—whether it's a self-driving truck or a delivery drone dropping test packages. Ericsson Routes, an incubation unit within Ericsson, offers Waze-like connectivity predictions for planned routes and journeys.
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by David Seeley |
Apr 4, 2022
Wing—the drone delivery unit of Google parent company Alphabet—is partnering with Blue Bell Creameries, easyvet, and Texas Health Resources on the launch. Wing calls the service "the first in a major U.S. metro area," and aims to offer "6 miles, 6 minutes, free delivery."
Wing's test deliveries from Walgreens stores in Frisco and Little Elm graduate to their official launch Thursday as well.
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[Photo: BNSF]
BNSF Trains Rolled More Than 143 Million Miles in 2021, Attracting $1.5B in Investments
by Kevin Cummings | Mar 7, 2022
It was the 11th year in a row that Fort Worth-based BNSF Railway Co. attracted over $1 billion in investments. After a record-setting 2021, it aims to grow by laying new track and expanding its AllianceTexas intermodal facility.
Warren Buffet calls BNSF "an indispensable asset for America."
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by Kevin Cummings |
Feb 14, 2022
NASA is looking to shape the future of flight, and Bell is on board. Its drone was able to successfully detect and avoid other objects in the airspace while integrating with its ground-based radar surveillance system. Bell says the flight test will aid in expanding the industry, as things like drone delivery services and air taxi companies mature.
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by David Seeley |
Jan 26, 2022
TuSimple has been running operations from its 2.5-acre logistics hub at AllianceTexas since last June. Its huge new MIZ facility will serve as an origin and destination facility for TuSimple's L4 autonomous trucks, with two-way launch and landing pads.
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![MP’s new magnetics facility in Fort Worth's AllianceTexas development will source materials from Mountain Pass, California and aims to help restore a fully integrated U.S. supply chain. [Rendering: MP Materials]](https://s24806.pcdn.co/wp-content/uploads/2021/12/MP-Materials-Fort-Worth-Magnet-Manufacturing-Facility-360x203.jpg)
by Quincy Preston |
Dec 9, 2021
The new magnet manufacturing facility will be the headquarters for MP Magnetics, the company's growing magnetics division.
Production at the new facility could ultimately power 500,000 EV motors each year. MP, which entered a long-term supply agreement with General Motors for rare earth materials and parts, says manufacturing could begin in 2023.
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"The MIZ" at AllianceTexas has been formally designated an innovation zone. [Image: AllianceTexas Mobility Innovation Zone]
ITS ConGlobal Rolls Out Remote Trucking Operations at the AllianceTexas MIZ
by Alex Edwards | Nov 22, 2021
In partnership with Silicon Valley logistics tech company Phatnom Auto, ITS ConGlobal is exploring how workers can train and operate heavy machinery remotely.
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Mayor Cites New Report at the Fort Worth State of Entrepreneurship: Startups Created Nearly 30K Jobs
by Quincy Preston and David Seeley |
Nov 16, 2021
Mayor Mattie Parker, whose catchphrase is "Go Time," says she coined the term for a reason. Fort Worth is at a pinnacle of possibility, and entrepreneurship is at the center of that. The data speaks for itself, Parker said: A new jobs report from Sparkyard shows startups play a significant role in job creation in Fort Worth and Tarrant County—with average salaries more than twice the minimum wage.
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by David Seeley |
Nov 15, 2021
Perot Jain-backed Booster was founded in 2014 out of Fort Worth's AllianceTexas, before moving its HQ to San Mateo, California. Booster has raised over $108M in funding, and now operates in California, Texas, Tennessee, and Washington, D.C. By partnering with REG, it aims to help fleets switch to renewables, cutting carbon emissions in the fight against climate change.
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by AllianceTexas Mobility Innovation Zone |
Nov 10, 2021
Despite challenges, Urban Air Mobility (UAM) and Advanced Air Mobility (AAM) are propelling a new era of aviation.
sponsored by AllianceTexas Mobility Innovation Zone
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Alphabet Startup and Walgreens Drone Delivery Service Takes Wing in Dallas-Fort Worth
by Alex Edwards | Oct 20, 2021
Frisco and Little Elm are the first cities to get a new drone delivery service from Wing, a sister company of Google, and Walgreens. The partners will operate on-demand air deliveries that bring essential items straight to your door.
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by David Seeley |
Aug 31, 2021
Gatik's new autonomous trucking facility at the "MIZ" in Fort Worth's AllianceTexas will serve as a hub for its middle-mile operations in Texas. The company's $85 million Series B funding will scale its fleet of Class 3-6 autonomous box trucks across new North American markets.
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by AllianceTexas Mobility Innovation Zone |
Aug 31, 2021
Grounded in the legacy of Hillwood, the MIZ is a nexus of innovation in surface and air mobility.
sponsored by AllianceTexas Mobility Innovation Zone
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by David Seeley |
Jul 8, 2021
The transportation institute will serve as a think tank for surface and air mobility technologies at AllianceTexas—conducting research, managing strategic initiatives, and helping to shape innovations that will change the way we live.
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