Applied Research Laboratories is a University Affiliated Research Center operating under a Department of Defense management plan with oversight by the Naval Sea Systems Command. Applied Research Laboratories makes significant contributions in support of national security through fundamental research, innovative science, and applied engineering.

The Innovation Tower is the first of its kind office building in the Innovation District, the hub for Texas life science, healthcare, research, and technology industries. With iconic architecture, efficient use of space, outdoor gathering spaces, and numerous additional amenities, the Innovation Tower is a prime location for startups or established companies seeking to be at the nexus of innovation between UT Austin and downtown Austin.