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(The Boring Company)
The Boring Company, Elon Musk’s effort to alleviate traffic by tunneling underneath cities, raised $675 million series C investment. That’s more than double what once was the largest raised, $300 million series E investment by Workrise. It also puts Boring at a valuation of almost $5.7 billion.
What else Pflugerville-headquartered Boring has been up to:
- Recruiting for jobs in Austin and Bastrop for roles such as tunnel laborer, software development, finance, facilities management and more
- Talking to San Antonio about a system to connect downtown to the airport and to Austin officials about its work in Las Vegas
- Exploring the possibility of a pedestrian tunnel south of Austin, in Kyle
"The pedestrian underpass will connect people from the region to encourage multimodal movement to leisure and outdoor activities and integrate into the urban environment,” a preliminary engineering report for the Kyle project said. “The surrounding area will connect to a destination park, adjacent professional offices, dining, and retail options."
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(Austin Emergency Management)
Hazmat suits, low-flying aircraft and more will be seen this week as Austin hosts an exercise to prepare for radiological incident.
The project, called Cobalt Magnet 22, involves more than 30 local, state and federal agencies planning for 18 months to be prepared in the event of radiological threats. It will start Monday and last through May 20.
What to expect: Field teams in protective clothing using radiological monitoring and detection equipment, low-flying aircraft conducting data-gathering overflights, and groups of first responders and others staged at various locations.
The exercise is part of a regular program of training, exercises and planning.
“Th City of Austin is pleased to welcome NNSA and the numerous local, state and federal agencies participating in Cobalt Magnet”, said Juan Ortiz, Director of Austin's Homeland Security and Emergency Management Office. “Our goal in this exercise is to test our procedures and make improvements to ensure we’re keeping the Austin/Travis County community protected.”
(Austin FC)
Austin FC head coach Josh Wolff is here to stay as the Club announced he signed a three-year contract extension.
Wolff, who was previously an assistant coach for the U.S. Men's National Team, will coach Austin FC through the end of 2025 under the new contract.
Wolff has been the Austin FC head coach since November 2019. In the team's first year, some hoped to oust Wolff as the team was at the bottom of the Western Conference. But this year, the team is at the top, ranking No. 3.
“This is still a young, growing Club but seeing our vision for Austin FC come to life on and off the field has been one of the great honors of my career. My staff and I will keep working every day to represent the city, and to develop our team both competitively and as human beings. The best is yet to come," Wolff said.
