Gov. Greg Abbott extended congratulations to CesiumAstro for moving its global headquarters to Bee Cave on Jan. 13, according to a news release. 

Diving in deeper: CesiumAstro is an aerospace and defense technology company, and the facility will be used to produce satellite communication technologies as well as serve as a new business headquarters. 

“CesiumAstro’s investment in Texas helps further position our state as a global hub for the aerospace, aviation and defense industry,” Abbott said in the news release. “Partnering with industry leaders like CesiumAstro, Texas will continue to set the pace for innovation, technology, and advanced manufacturing in America.”

The investment represents more than $500 million plus the creation of 500 new jobs over the next five years, according to the news release.

"Our expansion in Texas marks a transformative step for CesiumAstro as we advance cutting-edge space and defense technologies in the United States,” CesiumAstro founder and CEO Shey Sabripour said in the news release.

A One Dumplings & Noodle Bar re-opened its doors in the Bee Cave area after temporarily closing.

On the menu: Its menu features appetizers, noodles, soup dumplings, baos, fried rice and various meat entrees. Entrees include Kung Pao Chicken, Cumin Beef, Walnut Shrimp, Crispy Spicy Chicken Cube and Hot Boiled Beef.

• 15511 Hwy. 71 Ste. 130, Bee Cave

Some Texas film industry leaders say the state is on its way to becoming the third “media coast,” joining Los Angeles and New York as film production hubs. A recent increase in state funding is helping buoy that growth, said Chase Musslewhite, co-founder of Media for Texas, an Austin-based nonprofit that advocates for the advancement of the state’s film industry.

The details: Through 2035, $1.5 billion in state incentives will be available for movies, television shows, documentaries and related projects created in Texas.

To be eligible for the program funding under Senate Bill 22, at least 35% of a production’s cast and crew must live in Texas and at least 60% of the work must be done in-state, according to the Texas Film Commission. Grant reimbursements start at 5% and go up to 31%, depending on how much a production spends and other aspects of the project.

The local impact: After SB 22 became law Sept. 1, some local governments across Texas—including Austin, San Antonio and Houston—expanded or launched their own film incentive programs.