University of Houston receives $20M donation, renames nursing school

gift of health care

The University of Houston's nursing program has received a significant gift to address the nursing industry's workforce shortage. Photo via UH.edu

A University of Houston alumnus and his wife have donated a historic gift to strengthen nursing education and research at his alma mater.

Andy and Barbara Gessner's $20 million gift to the UH College of Nursing was announced this week during National Nurses Week. The contribution will go toward scholarships and fellowships for students, as well as support programming and research to address the shortage of nurses in the workforce. The college has been renamed in honor of the gift to the Andy and Barbara Gessner College of Nursing.

The Gessners’ support of the College of Nursing is inspired by the many caring and giving nurses they know, including their late mothers, who were both nurses. Gertrude Smith Gessner and Mildred Roberson Pottenger dedicated their lives to delivering compassionate health care to their patients and serving their communities with distinction.

“We believe in nurses and we need more of them right now,” Andy Gessner, whose mother and mother-in-law were both nurses, says in a news release. “We’re all going to need a nurse at some time in our lives, and there's just not enough in the workforce or being educated for the future. The primary intent of our gift is to make more nurses available when we need them, now and in the future.”

By 2025, according to the Bureau of Labor Statistics, there will be a shortage of almost 200,000 registered nurses and a rise in demand of 12 percent between now and 2029.

“The silver tsunami is coming,” says Barbara Gessner in the release. “We are certainly going to need more nurses as the population gets older, so the medical profession will be put to the test. It's always been an honorable profession, and we believe in that tender, compassionate care that nurses provide.”

The donation will create three endowed professorships, two of the which will be matched one-to-one as part of the University’s “$100 Million Challenge” for chairs and professorships. Additional endowments funded by the gift, according to UH, will go toward research, nursing education, clinical learning, scholarships, graduate student fellowships, adjunct faculty support and and more.

“Our college of Nursing has been a leader in preparing highly skilled nurses for the workforce, and this comprehensive gift from Andy and Barbara Gessner will take it to the next level,” says UH President Renu Khator. “We are forever grateful to the Gessners for their vision, commitment and passion for nursing education so that we can educate more nurses who will make a positive impact on the lives of patients and in the health care industry.”

Kathryn Tart is the founding dean of the Gessner College of Nursing, and she believes the gift will have a significant impact on the university as well as the industry as a whole.

“This gift will have a lasting impact on the nursing profession and our great city, state and beyond for many years to come,” she says. “We will be able to attract more top faculty and students and increase our research endeavors to further the University’s mission of becoming a top 50 public university. We are so grateful to the Gessners for their support and vision to address the severe nursing shortage.”

In 2019, the Gessner Family Nursing Scholarship was established. To date, the scholarship has provided full tuition to 19 students in the Traditional BSN program.

“Our legacy will not be about what we did, it's what this gift will do,” says Andy Gessner. “We hope that in the coming years, the Gessner College of Nursing will be recognized for excellence and for creating more nurses.”

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Intuitive Machines strikes $49.3M deal to expand lunar communications network

space deal

Houston-based Intuitive Machines is bulking up its space-to-ground data network with the acquisition of United Kingdom-based Goonhilly Earth Station and its U.S. arm, COMSAT.

The $49.3 million cash-and-stock deal would add 44 antennas to Intuitive Machines’ network. The acquisition is expected to close in the third quarter.

Intuitive Machines, a space infrastructure and services company, designs, builds, and operates spacecraft and data networks for lunar and deep-space missions. Goonhilly operates a satellite Earth station in Cornwall, England.

Intuitive Machines says Goonhilly’s and COMSAT’s civil, commercial, and government customers will complement its current customer base and broaden its reach into related sectors.

“Customers have been clear that they want a single, integrated, and resilient solution for their communications and [position, navigation, and timing] needs as they accelerate missions at an unprecedented pace,” Steve Altemus, co‑founder and CEO of Intuitive Machines, said in a news release.

Kenn Herskind, executive chairman of Goonhilly, says the acquisition “will allow us to scale that capability globally and directly support the next era of lunar exploration. Together, we will be creating a commercial lunar communications network that is interoperable, resilient, and ready to support Artemis and international missions.”

Modular nuclear reactor co. NuScale Power moves into Houston market

New to Hou

The nuclear energy renaissance continues in Texas with an announcement by NuScale Power. The Oregon-based provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology announced in April it would be opening office space in Houston’s CityCentre.

“Opening this space in Houston underscores our commitment to meeting rising energy demand with safe, scalable nuclear technology,” John Hopkins, NuScale president and CEO, said in a news release. “This move expands our presence in a key market for partners, prospective customers, and stakeholders in addition to positioning us for the future as we focus on the near-term deployment of our industry-leading technology. Texas is leading the way in embracing advanced nuclear for grid resilience and industrial decarbonization, and we’re proud to expand our footprint and capabilities in this important region.”

Interest in nuclear power has been growing in recent years thanks to tensions with oil-rich nations, concerns about man-made climate change from fossil fuels, and the rapidly increasing power needs of data centers. Both Dow and Texas A&M University have announced expanded nuclear power projects in the last year, with an eye of changing the face of Texas’s energy industry through smaller, safer fission reactors.

Enter NuScale, founded in 2007 from technology developed at the University of Oregon. Their modular SMR technology generates 77 megawatts and is one of the only small modular reactors (SMR) to receive design approval from the U.S. Nuclear Regulatory Commission (NRC). These advances have led to runaway success for NuScale, whose stock has risen by more than 1,670 percent since the start of 2024.

The new operations campus in CityCentre is expected to facilitate the movement, installation and coordination of NuScale technology into the various energy systems. Typically, SMRs are used for off-grid installations, desalination operations, mining facilities and similar areas that lack infrastructure. However, the modularity means that they can be easily deployed to a variety of areas.

It comes none too soon. ERCOT projects that Texas data centers alone will require 77,965 megawatts by 2030.

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This article first appeared on EnergyCapitalHTX.com.

Pharma giant considers Houston for $1 billion manufacturing campus

in the works

Another pharmaceutical giant is considering Houston’s Generation Park for a manufacturing hub.

According to a recent filing with the Texas Jobs, Energy, Technology and Innovation (JETI) program, Bristol Myers Squibb Co. is considering the northeast Houston management district for a new $1 billion multi-modal pharmaceutical manufacturing campus.

If approved, the campus, known as Project Argonaut, could create 489 jobs in Texas by 2031. Jobs would include operations technicians, engineering roles, administrative and management roles, production specialists, maintenance support, and quality control/assurance. The company predicts annual average wages for these positions to be around $96,000, according to the filing.

The project currently includes the 600,000-square-foot facility, but according to the filing, Bristol Myers Squibb “envisions this site growing in scale and capability well beyond its opening configuration."

The Texas JETI program offers companies temporary school property tax limitations in exchange for major capital investment and job creation. E.R. Squibb & Sons LLC applied for a 10-year tax abatement agreement in the Sheldon Independent School District.

The agreement promises a $ 1 billion investment. Construction would begin in 2027 and wrap in 2029.

“The proposed project reflects [Bristol Myers Squibb Co.’s] enduring commitment to bringing innovative medicines to patients and ensuring the long-term supply reliability they depend on,” the filing says. “The proposed project is purpose-built to support and manufacture medicines spanning multiple therapeutic areas and modalities, positioning the site as a long-term launch and commercial campus for decades to come. These medicines will provide therapies to the [Bristol Myers Squibb Co.’s] patients located in markets both nationally and internationally.”

The Fortune 100 company is considering 16 other cities for the new manufacturing facility in the Central and Eastern markets in the U.S. According to the Houston Chronicle, Bristol Myers Squibb Co is still in the “evaluation process” for its potential manufacturing site.

Last fall, Eli Lilly and Co. selected Generation Park for its $6.5 billion manufacturing plant. More than 300 locations in the U.S. competed for the factory. Read more here.

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