Additionally, a Prize Concept to Protect
and Restore Coral Reefs Named Top Prize Design and Moves Forward into
the XPRIZE Pipeline
LOS ANGELES-Wednesday 24 October 2018 [ AETOS Wire ]
(BUSINESS WIRE) -- During Visioneering 2018, XPRIZE’s annual gathering of philanthropists and innovators to evaluate concepts for future competitions, the Foundation revealed the results of its latest, completed XPRIZE. The Skysource / Skywater Alliance was announced as the grand prize winner of the $1.75M Water Abundance XPRIZE, a two-year competition aimed at alleviating the global water crisis with energy-efficient technologies that harvest fresh water from thin air. In addition at Visioneering, five new prize concepts were evaluated with top honors going to a prize concept called “Coral Survival”, a prize designed to protect and restore coral reefs. This prize will move forward into the XPRIZE pipeline.
The Water Abundance XPRIZE, powered by the Tata Group and Australian Aid, was launched in 2016 at the United Nations in New Delhi. The Skysource / Skywater Alliance, based in Venice Beach, California, received a grand prize of $1.5M for developing an easily deployable high-volume water generator that can be used in any climate, meeting the competition parameters of extracting a minimum of 2,000 liters of water per day from the atmosphere using 100 percent renewable energy, at a cost of no more than two cents per liter. A second team, JMCC WING, based in South Point, Hawaii, received a $150K prize to acknowledge the team's ingenuity in developing a unique technological approach.
(BUSINESS WIRE) -- During Visioneering 2018, XPRIZE’s annual gathering of philanthropists and innovators to evaluate concepts for future competitions, the Foundation revealed the results of its latest, completed XPRIZE. The Skysource / Skywater Alliance was announced as the grand prize winner of the $1.75M Water Abundance XPRIZE, a two-year competition aimed at alleviating the global water crisis with energy-efficient technologies that harvest fresh water from thin air. In addition at Visioneering, five new prize concepts were evaluated with top honors going to a prize concept called “Coral Survival”, a prize designed to protect and restore coral reefs. This prize will move forward into the XPRIZE pipeline.
The Water Abundance XPRIZE, powered by the Tata Group and Australian Aid, was launched in 2016 at the United Nations in New Delhi. The Skysource / Skywater Alliance, based in Venice Beach, California, received a grand prize of $1.5M for developing an easily deployable high-volume water generator that can be used in any climate, meeting the competition parameters of extracting a minimum of 2,000 liters of water per day from the atmosphere using 100 percent renewable energy, at a cost of no more than two cents per liter. A second team, JMCC WING, based in South Point, Hawaii, received a $150K prize to acknowledge the team's ingenuity in developing a unique technological approach.
“This
year’s Visioneering beautifully encapsulates the full life-cycle of an
XPRIZE with the awarding of the Water Abundance XPRIZE, which began as a
prize concept proposed at a Visioneering just five years earlier by our
trustee, Eric Hirshberg,” said Dr. Peter H. Diamandis, XPRIZE founder
and executive chairman. “It is testament to the basic premise that
Visioneering is the forum where participants’ breakthrough
ideas are presented, evaluated, upvoted, funded and then go on to have
real-world, transformative impact.”
In
addition, attendees of Visioneering deemed a “Coral Survival” prize
concept, whose development efforts were sponsored by Wendy Schmidt, as
the top prize design. This prize design, once funded, will launch as a
future XPRIZE competition. The prize concept calls for innovations that
can scale coral survival 1,000-fold, taking the survival rate of new
coral larvae from 1 in 1 million, to 1 in 1 thousand, helping us to
replenish our rapidly dying coral reefs.
“What
particularly resonated about the coral reef presentation is the urgency
with which we need to address this important issue caused by climate
change before it is too late. We are committed to finding the necessary
funds to capitalize and launch this competition as soon as possible,”
said Anousheh Ansari, XPRIZE chief executive officer. “We are incredibly
proud of the hard work done by all of the teams who designed this
year’s prize concepts over the past several months and are grateful to
our visionary sponsors, especially Wendy Schmidt, who underwrote the
development of these prize concepts and whose visions for a positive
future align with that of XPRIZE.”
The
annual XPRIZE Visioneering convenes a select group of CEOs, world
leaders, philanthropists, and other experts for three days to evaluate,
prioritize and fund competition designs. Additional prize concepts
presented at Visioneering 2018 were in the areas of: Off-Grid Energy
Access, sponsored by Kingo; Natural Disaster Prediction, sponsored by
Fairfax Financial Holdings; Lifting Farmers Out of Poverty, sponsored by
Gagan Gupta; and Feeding the Next Billion, sponsored by The Tony
Robbins Foundation and Foundation for Food and Agriculture Research.
For more information on Visioneering, please visit https://www.xprize.org/visioneering.
For more information on the Water Abundance XPRIZE, visit https://water.xprize.org/.
About XPRIZE
XPRIZE,
a 501(c)(3) nonprofit, is the global leader in designing and
implementing innovative competition models to solve the world’s grandest
challenges. Active competitions include the Lunar XPRIZE, the $20M NRG
COSIA Carbon XPRIZE, the $15M Global Learning XPRIZE, the $10M ANA
Avatar XPRIZE, the $7M Shell Ocean Discovery XPRIZE, the $7M
Barbara Bush Foundation Adult Literacy XPRIZE, and the $5M IBM Watson AI
XPRIZE. For more information, visit www.xprize.org.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181022005795/en/Contacts
XPRIZE
Eric Desatnik / Katherine Schelbert
+1.310.741.4892 / +1.424.835.3127
Eric@xprize.org / Katherine.Schelbert@xprize.org
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