The Moody Neurorehabilitation Institute is expected to be finished in 2023. Image courtesy of Moody Neurorehabilitation Institute

The Moody Neurorehabilitation Institute broke ground July 14 on a 64,000-square-foot research and rehabilitation center at Nassau Bay's Space Park, near NASA's Johnson Space Center.

The Nassau Bay City Council granted a permit last year for the project, which will provide room for up to 40 residential patients and space for outpatient services. About 150 people will work at the facility, which is scheduled to open in early 2023.

Aside from private inpatient rooms, the new center will feature a therapy gym, an outdoor therapy courtyard, and family apartments. The facility's "urban house" design will highlight natural colors and textures in an effort to stimulate patients' senses during the recovery process.

The new facility will 40 resident patients, as well as provide outpatient care. Image courtesy of Moody Neurorehabilitation Institute

Among the 40 or so people who attended the groundbreaking ceremony were representatives of Moody Neuro, Houston-based architecture firm Kirksey Architecture, Galveston-based general contractor JW Kelso Construction, and Dallas-based project manager Pritchard Associates.

The Moody Neurorehabilitation Institute treats people who've suffered brain injuries. The nonprofit operates a rehabilitation center in Galveston and another Lubbock, as well as a long-term care facility in each of the two cities. In fiscal 2019, the organization reported nearly $27.8 million in revenue and more than $15.1 million in expenses.

The facility broke ground this week. Photo courtesy of Moody Neurorehabilitation Institute

Philanthropist Robert Moody Sr., chairman emeritus of Galveston-based Moody National Bank, founded what now is Moody Neuro in 1982 after his son Russell sustained serious injuries in a car crash that caused a traumatic brain injury.

"By helping our patients minimize their disability while facilitating their recovery, we provide each individual with the ability to re-enter the community feeling healthier, more confident, and with tools to enjoy an improved quality of life," says Dr. Ana Durand, medical director of Moody Neuro Galveston.

The Brain Injury Association of America says more than 144,000 Texans sustain a traumatic brain injury each year, with more than 5,700 of them become permanently disabled. Roughly 381,000 Texans are living with a disability connected to traumatic brain injury.

The 64,000-square-foot campus is unlike any other. Photo courtesy of Moody Neurorehabilitation Institute

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Houston maritime startup raises $43M to electrify vessels, opens new HQ

Maritime Mission

A Houston-based maritime technology company that is working to reduce emissions in the cargo and shipping industry has raised VC funding and opened a new Houston headquarters.

Fleetzero announced that it closed a $43 million Series A financing round this month led by Obvious Ventures with participation from Maersk Growth, Breakthrough Energy Ventures, 8090 Industries, Y Combinator, Shorewind, Benson Capital and others. The funding will go toward expanding manufacturing of its Leviathan hybrid and electric marine propulsion system, according to a news release.

The technology is optimized for high-energy and zero-emission operation of large vessels. It uses EV technology but is built for maritime environments and can be used on new or existing ships with hybrid or all-electric functions, according to Fleetzero's website. The propulsion system was retrofitted and tested on Fleetzero’s test ship, the Pacific Joule, and has been deployed globally on commercial vessels.

Fleetzero is also developing unmanned cargo vessel technology.

"Fleetzero is making robotic ships a reality today. The team is moving us from dirty, dangerous, and expensive to clean, safe, and cost-effective. It's like watching the future today," Andrew Beebe, managing director at Obvious Ventures, said in the news release. "We backed the team because they are mariners and engineers, know the industry deeply, and are scaling with real ships and customers, not just renderings."

Fleetzero also announced that it has opened a new manufacturing and research and development facility, which will serve as the company's new headquarters. The facility features a marine robotics and autonomy lab, a marine propulsion R&D center and a production line with a capacity of 300 megawatt-hours per year. The company reports that it plans to increase production to three gigawatt-hours per year over the next five years.

"Houston has the people who know how to build and operate big hardware–ships, rigs, refineries and power systems," Mike Carter, co-founder and COO of Fleetzero, added in the release. "We're pairing that industrial DNA with modern batteries, autonomy, and software to bring back shipbuilding to the U.S."

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This article originally appeared on EnergyCapitalHTX.com.

Innovative Houston-area hardtech startup closes $5M seed round

fresh funding

Conroe-based hardtech startup FluxWorks has closed a $5 million seed round.

The funding was led by Austin-based Scout Ventures, which invests in early-stage startups working to solve national security challenges.

Michigan Capital Network also contributed to the round from its MCN Venture Fund V. The fund is one of 18 selected by the Department of Defense and Small Business Administration to participate in the Small Business Investment Company Critical Technologies Initiative, which will invest $4 billion into over 1,700 portfolio companies.

FluxWorks reports that it will use the funding to drive the commercialization of its flagship Celestial Gear technology.

"At Scout, we invest in 'frontier tech' that is essential to national interest. FluxWorks is doing exactly that by solving critical hardware bottlenecks with its flagship Celestial Gear technology ... This is about more than just gears; it’s about strengthening our industrial infrastructure," Scout Ventures shared in a LinkedIn post.

Fluxworks specializes in making contactless magnetic gears for use in extreme conditions, which can enhance in-space manufacturing. Its contactless design leads to less wear, debris and maintenance. Its technology is particularly suited for space applications because it does not require lubricants, which can be difficult to control at harsh temperatures and in microgravity.

The company received a grant from the Texas Space Commission last year and was one of two startups to receive the Technology in Space Prize, funded by Boeing and the Center for the Advancement of Science in Space (CASIS), in 2024. It also landed $1.2 million through the National Science Foundation's SBIR Phase II grant this fall.

Fluxworks was founded in College Station by CEO Bryton Praslicka in 2021. Praslicka moved the company to Conroe 2024.