2010 BP Oil Spill
Solutions
The Wendy Schmidt Oil Cleanup X Challenge
The X PRIZE Foundation (www.xprize.org), best known for launching the private spaceflight industry through the $10 million Ansari X PRIZE, and the ultra-fuel efficient vehicle market through the $10 million Progressive Insurance Automotive X PRIZE, has announced the launch of its sixth major incentive competition, the $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE. www.iprizecleanoceans.org.
The goal of the Wendy Schmidt Oil Cleanup X Challenge is to inspire entrepreneurs, engineers, and scientists worldwide to develop innovative, rapidly deployable, and highly efficient methods of capturing crude oil from the ocean surface. In making the announcement, the X PRIZE Foundation hopes to attract philanthropic and venture capital to support development of this important capability and provide a global platform where new technologies can be competed head-to-head, and the best approaches demonstrated, to prepare for future catastrophes.
For competition details and to pre-register
http://www.iprizecleanoceans.org/Page/MediaCenter
Final competition rules to be posted in September 2010.
