$10 Million Progressive Automotive X PRIZE Shared by Three Teams

The Progressive Automotive X PRIZE, an international competition launched in 2008 with a $10 million prize purse designed to inspire a new generation of viable, super fuel-efficient vehicles, recently announced its winners (video at the end of this post).  They are: $5 Million Mainstream Class Winner:Edison2 “Very Light Car #98” (Charlottesville, VA)Economy: 102.5 MPGe Fuel: E85 ethanol Boasting … Read more

Wendy Schmidt Oil Cleanup X CHALLENGE to Award $1.4 Million for Innovative Solutions

The X PRIZE Foundation, an educational nonprofit prize institute, recently announced the launch of the Wendy Schmidt Oil Cleanup X CHALLENGE.  This competition will provide a total of $1.4 million in cash awards to the top three teams that develop innovative, rapidly deployable, and highly efficient methods of capturing crude oil from the ocean surface. "The … Read more