In The News

November 17, 2011

When oil was still spewing uncontrollably from the Deepwater Horizon well last summer, philanthropist Wendy Schmidt and the X Prize Foundation issued a $1.4 million challenge calling for better technologies to clean up oil spills. Aside from Schmidt’...

November 17, 2011

The new competition will kick off on January 3, 2013, and end 30 days later. If there is no grand prize winner, the purse will be split between category winners for accuracy, completeness and haplotype phasing. “Although most races can only have one...

November 17, 2011

The new competition will kick off on January 3, 2013, and end 30 days later. If there is no grand prize winner, the purse will be split between category winners for accuracy, completeness and haplotype phasing. “Although most races can only have one...

November 17, 2011

The new competition will kick off on January 3, 2013, and end 30 days later. If there is no grand prize winner, the purse will be split between category winners for accuracy, completeness and haplotype phasing. “Although most races can only have one...

October 19, 2011

A breakthrough in oil cleanup technology allows crews to skim spilled oil off the water's surface at a much faster rate. The new device wasn't developed by Exxon, BP or any of the major oil companies — it's the work of Elastec/American Marine, based...

October 12, 2011

Edison2, the tiny, Virginia-based engineering company that won the $5 million mainstream class in the Automotive X Prize last year, recently tested the performance of its all-electric, four-passenger Very Light Car design — a rounded pod with outboard...

October 12, 2011

Team Elastec, an Illinois-based veteran company in the oil spill cleanup business, developed giant grooved discs that skimmed oil more than three times better than the industry standard to capture the $1 million top prize in the...

October 12, 2011

The Wendy Schmidt (yes, that Schmidt) Oil Cleanup Challenge named Elastec/American Marine, an Illinois firm, the winner of the $1 million grand prize for developing a more efficient skimmer technology to sop up petroleum spills....

October 12, 2011

Sure, skimmer ships, containment booms and dispersants deployed immediately, aiming to capture oil gushing from the blown well beneath the destroyed Deepwater Horizon rig. But week after frustrating week, the best available...

October 12, 2011

Peter Diamandis, chairman of the X Prize Foundation and inventor Donnie Wilson on Wilson's Oil Cleanup X Challenge win.

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