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A $1.4 Million competition designed to inspire a new generation of innovative solutions that will speed the pace of cleaning up seawater surface oil resulting from spillage from ocean platforms, tankers, and other sources.

Monday, May 23, 2011

Congratulations to the 10 Finalist Teams!

Hello Everyone,

 
It has finally arrived! Today, the X PRIZE Foundation  announced the Finalist Teams competing in the Wendy Schmidt Oil Cleanup X CHALLENGE and we couldn’t be more proud.  These hard-working teams are about to develop technology that may influence the of future oil spill recovery technology and effect an  entire industry.

 
Five teams from the United States qualified to move on and the remaining five teams are all from Scandinavian countries.  They are (drum roll please):

 

  • CRUCIAL, USA
  • Elastec, USA
  • Koseq, Netherlands
  • Lamor, Finland
  • NOFI, Norway
  • OilShaver, Norway
  • OilWhale, Finland
  • PPR, USA
  • Voraxial, USA
  • Vor-Tek, USA

 With $1.4 million on the line, teams are excited to begin this journey and so are we. We look forward to seeing all the teams test in New Jersey this summer.
 
Congratulations again and welcome to the Final Countdown!
 
Good luck!
Alex at X PRIZE

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