Up to 10 finalist teams will be selected to proceed past Round 1 and will split a $1M milestone prize purse. In Round 2, they will need to operate their entries at a depth of 4,000 meters, aim to map at least 50 percent of the 500 km2 competition area at five meters resolution, identifying and imaging at least ten archeological, biological or geological features at any depth, all within 24 hours. 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 meeting all minimum requirements for speed, autonomy and depth.
As part of the total $7M prize purse, 12 teams will also be competing for the National Oceanic and Atmospheric Administration (NOAA) $1M bonus prize and will need to demonstrate that their technology can “sniff out” a specified object in the ocean by tracing a biological and chemical signal to its source.
The Shell Ocean Discovery XPRIZE is pleased to announce a partnership with Fugro, an industry leader in ocean mapping, search and survey. As the world’s foremost independent provider of geo-intelligence and asset integrity solutions, Fugro will utilize an autonomous underwater vehicle equipped with high-resolution multibeam echosounder technology to acquire the competition’s baseline bathymetry data that are needed in judging team mapping results. The competition is also partnering with Esri, the global leader in geographic information system (GIS) software and geodatabase management, who will donate its award-winning ArcGIS Online platform for the teams to use, enabling the Ocean Discovery XPRIZE competitors to submit their maps via Esri ArcGIS Online to ensure all participants are judged from a consistent technology platform.
For more information about the Shell Ocean Discovery XPRIZE, visit oceandiscovery.xprize.org and read Dr. Virmani’s latest blog post here.
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. XPRIZE utilizes a unique combination of gamification, crowd-sourcing, incentive prize theory, and exponential technologies as a formula to make 10x (vs. 10%) impact in the grand challenge domains facing our world. XPRIZE’s philosophy is that—under the right circumstances— igniting rapid experimentation from a variety of diverse lenses is the most efficient and effective method to driving exponential impact and solutions to grand challenges. Active competitions include the $30M Google Lunar XPRIZE, the $20M NRG COSIA Carbon XPRIZE, the $15M Global Learning XPRIZE, the $10M Qualcomm Tricorder XPRIZE, the $7M Shell Ocean Discovery XPRIZE, the $7M Barbara Bush Foundation Adult Literacy XPRIZE, the $5M IBM Watson AI XPRIZE, $1.75M Water Abundance XPRIZE and $1M Anu and Naveen Women’s Safety XPRIZE. For more information, visit http://www.xprize.org/.
About Royal Dutch Shell
Shell has been a technology pioneer for more than 100 years, and has come up with many industry-transforming “firsts” to deliver energy its customers and partners need. 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. Shell’s technical and engineering staff amount to more than 43,000.
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.
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