$1 million is a lot of motivation. Using that cash from the X Prize Foundation’s “X Challenge” contest as an incentive, Illinois-based Elastec/American Marine has come up with a new technology that allows oil to be siphoned off of water at a faster rate than currently possible. About the size of a large truck, the skimmer is [...]
Posts Tagged ‘X-Prize’
Automotive X Prize Awarded to 3 Groups
September 19th, 2010
Eric Wilson Last week three different groups were awarded parts of the $10 million Progressive Automotive X-Prize. “The Progressive Insurance Automotive X PRIZE is a global competition that awards a $10M Grand Prize to the first team to build a car that gets at least 100 MPGe in real world driving and is safe, affordable and desirable [...]
Cleantech Open Competition for Today’s Challenges
September 18th, 2010
Eric Wilson Much like the X PRIZE, Cleantech Open is a competition designed to solve some of the greatest challenges in the realm of energy, the environment, and the economy. The Cleantech Open’s mission is “to find, fund, and foster the big ideas that address” the aforementioned issues. Begun in 2006, it provides mentoring and funding for [...]
Move Over X-Prize, Here Comes the L-Prize
September 29th, 2009
Eric Wilson A $10 million (US) competition to design a better light bulb has been initiated by the United States’ Department of Energy (DOE). Taking a page from the X-Prize foundation, which offers monetary rewards for innovative products, the government hopes to find a replacement for the 19th century incandescent light bulb. Dubbed the L-Prize – short [...]
Zero Pollution Motors’ Air Powered Car
March 16th, 2009
Eric Wilson City FlowAIR from ZPM Straight out of a science fiction screenplay comes the Air Powered Car from Zero Pollution Motors (ZPM). The Air Powered Car uses compressed air to propel the vehicle. The air compressor at the heart of this vehicle was developed by Motor Development International (MDI) Enterprises, a French company based in Luxembourg. [...]
X Prize Foundation Takes on Energy and the Environment
March 6th, 2009
Eric Wilson As a follow up to the earlier post on the automotive X Prize, the foundation responsible for incentivizing innovation has thrown down the proverbial gauntlet. Last Fall the X PRIZE Foundation announced a staggering $100 million (USD) purse for what they are calling the “Energy and Environment X Prize Suite”. According to their website, “[f]ollowing [...]
Progressive Automotive X Prize: Race to a 100mpg Car
March 2nd, 2009
Eric Wilson Progressive Insurance and the X Prize Foundation are backing a $10 million competition to produce an affordable 100 mile per gallon vehicle. They have invited teams to “design, build, and sell super-efficient cars that people want to buy.” The X Prize foundation sponsored their first challenge in 2004, in which groups competed to fly into [...]
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