The Southwest Research Institute reported research volume of nearly $726 million in 2021, up more than 4% from 2020 and the highest on record for the institute. Capital expenditures increased by 21%, exceeding $71 million for the first time.
On May 23, the Institute’s Advisory Trustees, Board of Trustees, and special guests gathered for the 74th Annual Meeting, which featured presentations on several innovative research and development programs underway at SwRI in 2021.
Sam G. Dawson, PEI, CEO of Pape-Dawson Engineers Inc., was elected Chairman of the Board, his first time in the role. He previously served as Vice President in 2020-2021. Dawson was elected an advisory director in 2017 and joined the board in 2018. Jan Newton, retired chairman of AT&T Texas, was elected vice chair of the board, her first time in the role. . She was elected as an advisory director in 2013 and joined the board in 2019.
Staff presentations touched on technology programs to help protect deep-sea environments from oil spills, new techniques for recycling plastics, and advanced fluids for electrified powertrains. SwRI staff also discussed automated buses, vaccine and drug development, and several space research programs.
“Our staff have shown tremendous leadership, unwavering resilience and unwavering dedication to the mission of the Institute, even while navigating through the many challenges of the COVID-19 pandemic” , said SwRI President and CEO Adam L. Hamilton, PE. “We set another financial record for the Institute because our people continue to innovate and serve our customers even as we face unprecedented supply chain issues and labor shortages. As we approach our 75th anniversary, I am reminded that throughout our history, SwRI staff members have always been the most important ingredient to our success.”
Hamilton introduced six new advisory trustees who will serve three-year terms: Dr. Elizabeth “Betsy” Cantwell, senior vice president for research and innovation at the University of Arizona; Dr. Mohammad Dehghani, Chancellor of Missouri University of Science and Technology; retired US Navy Admiral Bobby R. Inman, former director of the National Security Agency (NSA) and deputy director of the Central Intelligence Agency (CIA); Brandon A. Logan, CEO of Urban Capital Partners Inc.; Raul B. Rodriguez, associate vice president for international affairs at Tecnológico de Monterrey; and Suzanne Wade, retired president of HEB’s San Antonio Food/Drug division.
For more information, visit https://annualmeeting.swri.org.