North view of Congress Street Bridge in Austin Texas and Capitol Building

More than 150 startups will vie for recognition as Austin’s most promising innovators when the A-L!ST Awards return Wednesday to celebrate the city’s growing technology ecosystem.

The annual event at the Long Center for the Performing Arts will honor companies across 10 categories, from artificial intelligence and defense technology to life sciences and fintech. Winners will be announced during the ceremony, which runs from 5 p.m. to 9 p.m.

“Austin is where bold ideas become industry leaders,” organizers said in announcing this year’s finalists. “The A-L!ST Awards celebrate the startups shaping the future, each playing a vital role in the Austin Innovation Ecosystem.”

New categories this year include the Defense Technology Award and the International Startup of the Year Award, reflecting Austin’s expanding role as a hub for military tech and its growing appeal to global entrepreneurs.

The AI Standout Innovation Award drew 27 finalists, the most of any category, as artificial intelligence companies continue to flock to Austin. Sunthetics earned nominations in three separate categories — life sciences, energy and AI — highlighting the overlap between emerging technologies.

Notable finalists include Base Power Company, which recently raised $1 billion to expand its residential battery network; humanoid robotics maker Apptronik; and aerospace startups Firefly and CesiumAstro.

The competition also recognizes Austin’s venture capital community, with 17 firms competing for VC Firm of the Year. Nominees include LiveOak Ventures, Silverton Partners and Next Coast Ventures.

The Emerging Startup Award features 50 early-stage companies spanning industries from flavored milk and cacao to semiconductor manufacturing and therapeutic development.

Winners will be selected by a panel of judges from Austin’s investment and business community. The ceremony will include VIP and general receptions, with an after-party following the awards presentation.

Tickets are available at the event website. The Long Center is located at 701 W. Riverside Drive.