XPRIZE Announces Water Abundance Grand Prize Winner

XPRIZE Announces Water Abundance Grand Prize Winner

The XPRIZE Foundation has announced the grand prize winner of the Water Abundance XPRIZE.

Launched in 2016 by the Tata Group and Australian Aid, the two-year competition challenged innovators around the world to develop solutions to the global water crisis based on energy-efficient technologies that harvest fresh water from thin air. Announced at the organization's Visioneering Summit, Skysource/Skywater Alliance in Venice Beach, California, was awarded the $1.5 million grand prize for its development of an easily deployable high-volume water generator that can be used in any climate and is able extract a minimum of two thousand liters of water a day from the atmosphere using 100 percent renewable energy at a cost of no more than two cents per liter. A second team, JMCC WING, based in South Point, Hawaii, was awarded a $150,000 prize in acknowledgement of its ingenuity in developing a unique technological approach to the challenge.

"This year's Visioneering [Summit] beautifully encapsulates the full life-cycle of an XPRIZE with the awarding of the Water Abundance XPRIZE, which began as a prize concept proposed at a Visioneering just five years earlier by our trustee, Eric Hirshberg," said XPRIZE founder and executive chair Peter H. Diamandis. "It is testament to the basic premise that Visioneering is the forum where participants' breakthrough ideas are presented, evaluated, upvoted, funded and then go on to have real-world, transformative impact."