Business Wire

Deep Ocean off Southern Greece to Be Field Test Site for Finalists in the $7M Shell Ocean Discovery XPRIZE

Del

XPRIZE, the global leader in designing and operating world-changing incentive competitions, today announced the deep sea off Kalamata, Greece, has been chosen as the field testing location for finalist teams competing in the $7M Shell Ocean Discovery XPRIZE. Deep sea, real-world testing is a key stage in the three-year global competition challenging teams to advance ocean technologies for rapid, unmanned and high-resolution ocean exploration and discovery. In this final field-testing round for the Grand Prize of the competition, which starts in November and runs through December, the teams have up to 24 hours to map at least 250 km2 of the ocean seafloor - an area that is nearly three times the area of Paris - to depths down to 4,000 meters – a cold, dark and high-pressure environment that is more than twice as deep as the Grand Canyon.

On the southern coast of Greece, each team will launch and recover their autonomous underwater technologies from XPRIZE’s Mission Control in Kalamata. The competition area is approximately 500 km2 and includes a number of underwater features. Finalist teams have to launch from shore and their entries must travel to the competition location by water or air and, with restricted human intervention, map at least 50 percent of the area – 250 km2 – at five meters resolution and at depths down to 4,000 meters, identifying and imaging at least ten archeological, biological or geological features at any depth, all within 24 hours.

“We are excited to be bringing this XPRIZE to Greece, an amazing country with a long history of scientific and technological advancements that have benefited the world,” said Jyotika Virmani, Ph.D., prize lead and senior director of XPRIZE’s Planet and Environment team. “The Shell Ocean Discovery XPRIZE competing teams are creating breakthrough technologies designed to operate in extreme conditions, with the goal of rapidly mapping an area that has not previously been mapped at such high resolution; we are providing the teams with an environment that is full of mystery and geological features that will offer a true test of their technologies.”

The Shell Ocean Discovery XPRIZE has the support of the Government of Greece, including the Ministries of Foreign Affairs, Maritime Affairs and Insular Policy, Education, Research and Religious Affairs, Shipping, and Culture and Sports. The operational team is also working with multiple other organizations, including the National Centre of Scientific Research Demokritos, Office of the Mayor of Kalamata, Municipal Port Fund of Kalamata, Hellenic Coast Guard/Central Port Authority, and the Hellenic Center for Marine Research to ensure smooth operations by providing logistical assistance. Competition organizers also continue to work with Fugro, an industry leader in ocean mapping; and Esri, the global leader in geographic information system (GIS) software. XPRIZE is also partnering with Singularity University, which is hosting the SingularityU Greece Summit in November, at which Dr. Peter H. Diamandis, founder and executive chairman of XPRIZE, will give the opening keynote and Dr. Virmani will discuss the Shell Ocean Discovery XPRIZE.

“We are proud that Kalamata was chosen to be the host city to this international competition and are happy to be able to provide the infrastructure and logistics to support the demonstration of new and exciting technologies,” said Panagiotis Nikas, mayor of Kalamata. “The waters surrounding Kalamata provide teams in the Shell Ocean Discovery XPRIZE with a unique and varied underwater landscape for exploration, and we look forward to supporting their work in this important final round of real-world testing.”

At the end of the competition, a $4M Grand Prize and $1M Second Place Prize will be awarded to the teams that receive the top scores for demonstrating the highest resolution seafloor mapping. After the competition has ended, the high-resolution seafloor map will be used by NCSR-Demokritos, the largest research center in Greece, and their Institute of Nuclear and Particle Physics as part of a worldwide scientific collaboration to establish a new generation Neutrino telescope in the Mediterranean.

A secondary test location to support the National Oceanic and Atmospheric Administration (NOAA) $1M Bonus Prize will take place in early 2019, once the Grand Prize testing has been completed. This will give all Bonus Prize finalist teams an opportunity to test their technologies and will determine the Bonus Prize winner. In this prize, competing teams will need to demonstrate that their technology can “sniff out” a specified object in the ocean by tracing a biological or chemical signal to its source.

For the latest information about the competition structure, important dates and the finalist teams please visit: https://oceandiscovery.xprize.org.

About XPRIZE

XPRIZE, a 501(c)(3) nonprofit, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. Active competitions include the Lunar XPRIZE, the $20M NRG COSIA Carbon XPRIZE, the $15M Global Learning XPRIZE, the $10M ANA Avatar XPRIZE, the $7M Shell Ocean Discovery XPRIZE, the $7M Barbara Bush Foundation Adult Literacy XPRIZE, the $5M IBM Watson AI XPRIZE and the $1.75M Water Abundance XPRIZE. For more information, visit www.xprize.org.

About Shell

Shell companies have been technology pioneers for more than 100 years, and have come up with many industry-transforming “firsts” to deliver energy to its customers. Since 2007, Shell has spent more than $1 billion annually on research and development. In 2014, our research and development expenditures were $1.2 billion, and Shell’s technical and engineering staff number more than 43,000 people.

Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing, and shipping of oil products and chemicals and renewable energy projects. Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague, and is listed on the London, Amsterdam, and New York stock exchanges. For further information, visit www.shell.com.

About National Oceanic and Atmospheric Administration (NOAA)

The National Oceanic and Atmospheric Administration (NOAA) is a science-based federal agency within the Department of Commerce with regulatory, operational, and information service responsibilities with a presence in every state and U.S. territories. NOAA's mission is to understand and predict changes in the Earth's environment, from the depths of the ocean to the surface of the sun, and to conserve and manage coastal and marine resources. For more information, visit www.noaa.gov.

Contact information

XPRIZE
Katherine Schelbert / Eric Desatnik
Katherine.schelbert@xprize.org / eric@xprize.org

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Axonics® Announces Publication of NICE Briefing10.12.2018 16:03Pressemelding

Axonics Modulation Technologies, Inc. (NASDAQ: AXNX), a medical technology company focused on the development and commercialization of novel implantable Sacral Neuromodulation (“SNM”) devices for the treatment of urinary and bowel dysfunction, announced today the publication of a Medtech Innovation Briefing by The National Institute for Health and Care Excellence (“NICE”) following a careful review of the innovations offered by the Axonics System. The NICE Medtech Innovation Briefing entitled: “Axonics rechargeable sacral neuromodulation system for overactive bladder and faecal incontinence,” describes published clinical evidence on the Axonics r-SNM System®, confirming efficacy as well as the potential positive economic impact that is possible by the use of the Axonics system in the United Kingdom. The Axonics r-SNM System is the first rechargeable Sacral Neuromodulation system approved for sale in Europe and commercially available to all hospitals and clinics in the U.K. for patients

The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan10.12.2018 15:00Pressemelding

The Global Blockchain Association (Shimizu Building 6F, 3-19 Hayabusacho, Chiyoda-ku, Tokyo, President: Toshikazu Masuyama) is proud to host the largest blockchain conference in Asia: The Japan Blockchain Conference (JBC) – 2019 Yokohama, to be held on 30 and 31 January at Pacifico Yokohama. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005057/en/ The Japan Blockchain Conference (JBC) - 2019 Yokohama (Graphic: Business Wire) The conference will host top companies and organizations from Japan and abroad who represent the future of the rapidly growing blockchain space. This is the place where the leaders of blockchain and crypto can interact, form partnerships, and showcase their leading technologies and developments. We are actively looking for companies to join the best of the blockchain industry and exhibit at our conference. More details can be found here: http://japan-blockchain-c.com/en/ We welcome a wide range of

Global Payments’ TouchNet Business Named “Partner of the Year” by Ellucian10.12.2018 13:30Pressemelding

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions is pleased to announce that its TouchNet business was named “Partner of the Year” by Ellucian, a provider of software and services that power higher education, at its Partner Forum reception during the annual EDUCAUSE Conference this year in Denver, CO. TouchNet was recognized for its collaborative efforts to deliver streamlined engaging, cloud-based, student commerce and credential solutions. This honor further demonstrates the depth and breadth of the TouchNet platform and its dedication to delivering software-driven and technology-enabled strategies to institutions of higher education. “TouchNet’s commitment to delivering maximum value enables Ellucian to consistently provide customers with best-in-class solutions, support and service,” said Chris Westfall, Vice President Partnerships Ellucian. “When you combine Ellucian’s feature rich technology and in-depth customer knowledg

CTS Engines Hires Tom Bode as Senior Vice President, Operations10.12.2018 13:00Pressemelding

CTS Engines, the global leader for mature engine maintenance within the Aerospace & Defense industry, announced today that it had hired Tom Bode as its Senior Vice President, Operations. In his new role, Mr. Bode will be responsible for all operations, quality, and engineering functions, and will report to Vesa Paukkeri, CTS Engines’s President and COO. Since 2008, Mr. Bode has been the General Manager of the Columbus Engine Center for Pratt & Whitney, a company he joined in 2000. Prior to 2000, Mr. Bode worked at GE Aviation, where he was a quality and engineering leader. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005036/en/ Tom Bode (Photo: Business Wire) “As the General Manager of CEC, Tom managed over 700 employees across multiple engine production lines and reduced overhaul turnaround times through the promotion of Lean manufacturing principles,” said Mr. Paukkeri. “His performance as a manager was recognized

Tracxpoint Signed a Major Agreement to Deploy its Artificial Intelligence Cart (AiC®) Platform at CONAD, One of the Largest and Most Sophisticated Supermarket Chains in Italy with 3,000 Locations in Lieu of Amazon Go after Intensive Study10.12.2018 11:00Pressemelding

Tracxpoint, a global provider of next-generation self-checkout grocery solutions, today announced an agreement to roll out its Artificial Intelligence Cart (AiC®) at CONAD DEL TIRRENO, one of the seven cooperatives of CONAD’s chain with more than 3,000 supermarket stores in Italy. This is a major milestone for the Israeli startup in its mission to establish the AiC® platform as the most powerful, accessible and comprehensive solution for self-checkout and personalized in-store engagement on the market today. CONAD DEL TIRRENO will start implementing the AiC® ecosystem during 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005176/en/ The Tracxpoint AiC enables checkout-free stores and personalized in-store engagement for Italy's largest supermarket chain, CONAD. (Photo: Business Wire) In direct contrast to capital-intensive and smaller store concepts like Amazon Go or its imitators that rely on ceiling cameras for

Jetex Now the Exclusive Dealer in the Middle East for Hi-Tech New HondaJet10.12.2018 09:52Pressemelding

Jetex is bringing the next-generation in advanced private jets to the Middle East after striking an agreement with Honda Aircraft Company to become the exclusive authorized dealer for the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181210005273/en/ Adel Mardini of Jetex signs with Simon Roads of Honda Aircraft Company (Photo: AETOSWire) The deal means Jetex is now the manufacturer’s sole representative for the new HondaJet offering sales and support across the Gulf and Middle East region. “With Honda’s brand strength and recognition in the Middle East, we have received tremendous interest in the HondaJet Elite. We are proud to appoint Jetex as HondaJet Middle East to provide our customers with a committed sales team in the region for the world’s most advanced very light jet,” said Honda Aircraft President and CEO Michimasa Fujino. “We are proud to be chosen by Honda Aircraft Company and excited to be awarded the r