X PRIZE Foundation

The US may be better prepared for future oil spills thanks to Elastec/American Marine’s grooved disc skimmer technology.

The group won first place today in the Wendy Schmidt Oil Cleanup X Challenge and was awarded a $1.4 million prize. Created by Wendy Schmidt after the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, the contest invited entrepreneurs, engineers, and scientists to compete in developing the most efficient method to capture crude oil from the ocean surface. Keep reading →