AUSTIN - Gov. Rick Perry today announced a $750,000 award from the Texas Emerging Technology Fund (TETF) to StarVision Technologies, Inc. The funds will help develop the company’s SpeedStar™ product, a revolutionary new altitude-determination sensor system that improves satellite performance, while reducing costs.
"The Emerging Technology Fund continues to draw new talent to the state, spur the commercialization of university research, and provide technological visionaries the financial boost they need to get their companies and products into the marketplace," said Gov. Perry. "By partnering with the private sector and investing in projects that create jobs, diversify and enrich our economy, Texas is quickly becoming a global competitor in innovative technologies."