Business Wire

CA-XPRIZE

Share
XPRIZE and Musk Foundation Name 23 Winners in Five Million Dollar Carbon Removal Student Competition

XPRIZE , the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges, today announced that 23 student-led teams have won the $5M Carbon Removal Student Competition . The award program, which is part of the $100 Million XPRIZE for Carbon Removal supported by the Musk Foundation , was launched, in part, to fund early stage concepts from the next generation of carbon removal innovators and to remove barriers to entry for those interested in the main competition.

Competing student teams had the opportunity to submit their concepts for an award in one of two tracks, Carbon Dioxide Removal Demonstrations or Measurement, Reporting, and Verification Technologies . Winning student teams are able to use funds to compete in subsequent rounds of XPRIZE Carbon Removal or to develop key supporting technologies which will enable carbon dioxide removal. Points of focus for the two award tracks were as follows:

  • Carbon Dioxide Removal Demonstrations: Awards of US$250,000 to student teams intending to compete for the XPRIZE Carbon Removal Milestone and Grand Prize awards across the various carbon removal pathways: Air, Land, Rocks, Oceans. Teams needed to convince the judges that their proposed carbon removal projects would make them competitive applicants in the overall competition. This was the main focus of the Student Awards; the majority of awards are in this category.
  • Measurement, Reporting, and Verification Technologies : Awards of US$100,000 for the development of technologies that may not directly remove CO2 , but will enable carbon removal. Technologies or methodologies for improving the standards of assessment, or the precision, accuracy, and time required for carbon measurements were considered.

Representing ten countries and 31 international educational institutions, the winners of the Carbon Removal Student Competition, included:

Student Carbon Removal Demonstrations:

  • Answer of Biochar (AOB) from Northeastern University, China (China)
  • E-quester from the University of Toronto (Canada)
  • BioCORE from the University of Munich (Germany)
  • Biosorra from IESE Business School and the Fuqua School of Business (Spain & United States)
  • Bison Underground affiliated with the University of Oklahoma (United States)
  • Blue Symbiosis from the University of Tasmania IMAS AMC (Australia)
  • C2 (C-Squared) from Virginia Tech and the Max Planck Institute for Biogeochemistry (Germany & United States)
  • Carbon Down Under from Southern Illinois University, Carbondale (United States)
  • CyanoCapture from the University of Oxford (United Kingdom)
  • Holocene Climate from Stanford University (United States)
  • KFC from Hohai University , Tianjin University , Shanghai Ocean University , and Chinese Academy of Fishery Sciences (China)
  • Mississippi State Energy Club - BECReative Energy from Mississippi State University (United States)
  • Monash Carbon Capture and Conversion (BioTech) from Monash University (Australia & Malaysia)
  • SASIITB from Indian Institute of Technology, Bombay (India)
  • Skyrenu Technologies from Université De Sherbrooke and Inrs-Eau Terre Environnement Research Centre (Canada)
  • Sydney Sustainable Carbon from the University of Sydney (Australia)
  • Takachar (Safi Organics) from the University of British Columbia , Northeastern University and IISC Bangalore (Canada, India, Kenya & United States)
  • UW-Madison Civil and Environmental Engineering from the University of Wisconsin, Madison (United States)

Measurement, Reporting, and Verification Technologies:

  • ACIDD Project from the University of Miami (United States)
  • BJU Global Challenges from Bob Jones University (United States)
  • Environmental Sensing from the University of Wyoming (United States)
  • PlantVillage from Pennsylvania State University (United States)
  • Working Trees from Stanford University (United States)

In order to be eligible for the Carbon Removal Student Competition , student teams needed at least 50% of their members to be currently enrolled in an educational institution with the support of an academic advisor or business leader able to act as a formal mentor. All submissions were reviewed by a panel of expert third-party judges who considered the innovation, ability to reach gigaton scale, team resources and capabilities as well as project plan feasibility in their selection process.

“We want to make a truly meaningful impact. Carbon negativity, not neutrality. The ultimate goal is scalable carbon extraction technologies that are measured based on the ‘fully considered cost per ton’ which includes the environmental impact. This is not a theoretical competition; we want teams that will build real systems that can make a measurable impact and scale to a gigaton level. Whatever it takes. Time is of the essence,” said Elon Musk, Founder and CEO of Tesla and SpaceX , in a previous statement.

Launched in April, XPRIZE Carbon Removal is a US$100M four-year global competition that invites innovators and teams from anywhere on the planet to create and demonstrate solutions that can pull carbon dioxide directly from the atmosphere or oceans. To win the grand prize, teams must demonstrate a working solution at a scale of at least 1000 tonnes removed per year; model their costs at a scale of 1 million tonnes per year; and show a pathway to achieving a scale of gigatonnes per year in future, as validated by a third party.

“Today’s college and graduate students have proclaimed that solving the climate crisis is one of the most important objectives of their generation. It’s for this reason that this student competition is so critical. Our mission is to engage, inspire and guide the next generation of climate entrepreneurs,” said Peter H. Diamandis, Founder and Executive Chairman of XPRIZE .

Any carbon negative solution is eligible: nature-based, direct air capture, oceans, mineralization, or anything else that achieves net negative emissions, sequesters CO2 durably, and shows a sustainable path to ultimately achieving gigatonne scale.

“The climate crisis is an existential threat that demands both immediate action, and a long-term commitment to bringing Earth’s carbon cycle back into balance for future generations,” said Dr. Marcius Extavour, Vice President of Climate and Environment at XPRIZE . “We’ve already begun to feel the impacts of the climate crisis in our day-to-day lives, and the data shows us that we need both immediate action on emissions reductions, and sustained innovation to develop additional tools like carbon removal. That’s why this prize is so important. It’s about mobilizing and facilitating the development of scalable solutions that can make a real difference in stabilizing the climate over the coming decades.”

For more information on XPRIZE Carbon Removal , to view the prize guidelines or to register, please visit xprize.org/carbonremoval .

About XPRIZE

XPRIZE is a global future-positive movement of over 1M people and rising, delivering truly radical breakthroughs for the benefit of humanity. XPRIZE inspires and empowers a global community of problem-solvers to positively impact our world by crowdsourcing solutions through large-scale competitions, tackling the world’s grandest challenges in exploration, environment and human equity. Active competitions include the $100 Million XPRIZE Carbon Removal with Elon Musk, $15 Million XPRIZE Feed the Next Billion, $10 Million XPRIZE Rainforest, $10 Million ANA Avatar XPRIZE, $5 Million XPRIZE Rapid Reskilling and $1 Million Digital Learning Challenge. Donate, sign up or join a team at xprize.org.

About The Musk Foundation

The Musk Foundation creates grants made in support of: renewable energy research and advocacy; human space exploration research and advocacy; pediatric research; science and engineering education; and development of safe artificial intelligence to benefit humanity.

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Avanzanite Expands Italian Operations with General Manager Appointment14.10.2025 07:30:00 CEST | Press release

Giovanni Galliano joins Avanzanite having led 12 orphan medicine launches in Italy and overseen operations with more than €100 million in annual revenue. Avanzanite initiates engagement with the Italian rare blood disorder community who include the largest number of thalassemia patients in Europe. Avanzanite’s Q3 2025 revenues are 20% higher than Q2 2025, marking the strongest quarter to date. Avanzanite Bioscience B.V., a rapidly growing commercial-stage European specialty pharmaceutical company focused on rare diseases, announced today the appointment of Giovanni Galliano as General Manager for Italy. As the seventh executive leadership hire in 2025, this appointment further strengthens Avanzanite’s “Champions League” team of now more than 60 pharma professionals, while expanding operations into the European Union's third-largest economy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013986565/en/ Giovanni Galliano, th

The Estée Lauder Companies Opens Global Fragrance Atelier in Paris, Accelerating Next-Generation Innovation in Perfume Artistry14.10.2025 07:00:00 CEST | Press release

The Estée Lauder Companies Inc. (NYSE:EL), under the High Patronage of Mr. Emmanuel Macron, President of the French Republic,today announced the opening of its Fragrance Atelier within its new La Maison des Parfums on Rue Volney in Paris. This newly established global innovation hub is fully dedicated to world-class fragrance expertise, advanced technologies and cutting-edge capabilities, and will accelerate the company’s strategic ambitions in luxury and prestige fragrances. Rooted in the legacy of Mrs. Estée Lauder’s pioneering vision and her lifelong passion for fragrance, the Atelier’s opening marks a significant milestone in the company’s longstanding commitment to fragrance excellence and craftsmanship. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013447078/en/ The Exterior of La Maison des Parfums “It is with great pride and excitement that we open our Fragrance Atelier in Paris,” said Stéphane de La Faverie, Pre

Ant International’s WorldFirst Launches in Thailand to Offer Unified Global Account Service for Thai SMEs14.10.2025 06:43:00 CEST | Press release

WorldFirst has officially launched in Thailand through the partnership with 2C2P, offering Thai SMEs the innovative unified global account service to simplify international transactions and fuel expansion.The Thai launch expands WorldFirst’s investment in Asia Pacific where its services are available to support businesses in China, Hong Kong SAR, Australia, New Zealand and Singapore. Ant International’s WorldFirst, an all-in-one digital cross-border payment and treasury account service for global businesses, announced the official launch in Thailand at its Bangkok Global Voyage event. It will provide Thai SMEs with efficient and secure global account service to simplify international payments and fuel their expansion. The offerings are delivered through the partnership with 2C2P and its subsidiary 2C2P Plus, a Southeast Asia-based payments provider licensed by the Bank of Thailand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/hom

Pingo Doce Sets New Standard for AI-Driven Merchandising with SymphonyAI—and Raises the Bar for CPG Collaboration14.10.2025 06:06:00 CEST | Press release

The Portuguese retailer, part of one of Europe’s largest food retailers teams with SymphonyAI to monetize insights, drive precision execution, and give CPG partners a real-time edge Pingo Doce is moving fast to redefine merchandising with AI—replacing static reports with real-time, prescriptive insights that fuel sharper execution and stronger supplier alignment. The Portuguese retailer is part of Jerónimo Martins, one of Europe’s largest food retailers with over 5,700 stores across Portugal, Poland, and Colombia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251013626268/en/ Instead of static dashboards or flat-file reports, suppliers now get direct access to actionable intelligence. CPG partners can run dynamic “what-if” scenarios, optimize promotions and assortments, and see projected revenue impacts—collaborating in real time with Pingo Doce category teams. Powered by SymphonyAI’s CINDE Connected Retail platform, Pingo

Comcast Technology Solutions and Deutsche Telekom Partner to Deliver Advanced Whole-Home WiFi in Europe14.10.2025 06:00:00 CEST | Press release

Comcast Technology Solutions (CTS), a division of Comcast delivering media and connectivity innovations globally, today announced a major collaboration with Deutsche Telekom (DT) to introduce cutting-edge, whole-home WiFi Mesh technology in Europe. This strategic partnership brings together Comcast’s cloud-based WiFi Mesh Platform, already deployed at scale in North America and Europe, with DT’s European market strength, to provide seamless, intelligent connectivity across the home. The solution enables customers to enjoy reliable, self-optimising WiFi coverage that adapts dynamically to device usage and home layouts. "As expectations for seamless in-home connectivity continue to grow, we're focused on delivering high-performance, reliable solutions that meet those needs,” said Pedro Bandeira, Senior Vice President of Product and New Business at Deutsche Telekom. “Comcast’s proven technology supports our vision for future-ready broadband." A WiFi Solution Built for Reliability, Innovat

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye