Grand Prairie R&D Tax Credit Explained for Businesses

R&D Tax Credits for Grand Prairie, Texas Businesses

Grand Prairie, Texas, is known for industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Methodist Charlton Medical Center, a leading healthcare provider; the Grand Prairie Independent School District, a major educational institution; Lockheed Martin, a significant manufacturing employer; the Grand Prairie Premium Outlets, a key player in the retail sector; and Lockheed Martin, a prominent technology company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 2101 Cedar Springs Rd, Dallas is less than 60 miles away from Grand Prairie and provides R&D tax credit consulting and advisory services to Grand Prairie and the surrounding areas such as: Plano, Mesquite, Frisco, McKinney and Lewisville.

If you have any questions or need further assistance, please call or email our local Dallas Partner on (469) 522-3369.
Feel free to book a quick teleconference with one of our Texas R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.

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Grand Prairie, Texas Patent of the Year – 2024/2025

Texstars LLC has been awarded the 2024/2025 Patent of the Year for their innovative approach to aerospace transparency technology. Their invention, detailed in U.S. Patent No. 11865814, titled ‘p-Static capped stretched acrylic transparencies’, introduces a novel method for enhancing the durability and performance of aircraft windows.

This new technology addresses the persistent issue of precipitation static, or p-static, which can interfere with aircraft communication and navigation systems. Texstars’ solution involves a unique construction of acrylic transparencies, incorporating a conductive polymer layer that dissipates static electricity effectively. By embedding this conductive layer within the acrylic material itself, the invention eliminates the need for external coatings, which are prone to wear and degradation over time.

The process begins with a cast acrylic sheet, which is then capped with a conductive acrylic layer containing a polymer such as polythiophene. This assembly is cured and stretched together, resulting in a robust, integrated transparency that maintains its anti-static properties throughout its service life. The use of stretchable acrylic enhances the material’s resistance to cracking, a critical factor in aerospace applications.

Texstars’ innovation represents a significant advancement in aerospace materials, offering improved safety and reliability for aircraft operators and passengers alike.