The $7 Million Shell Ocean Discovery XPRIZE is a global, three-year competition challenging teams to advance breakthrough technologies for rapid, unmanned and high-resolution ocean exploration.
The $1M NOAA bonus prize will be awarded to teams that demonstrate their technology can ?sniff out? a specified object in the ocean through biological and chemical signals. This will allow us to respond to emergencies, and discover new marine life and underwater communities in a way that never existed before.
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XPRIZE is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. XPRIZE addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.