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  • Xprize offers $7 million for exploring the ocean floor

    by 
    Jon Fingas
    Jon Fingas
    12.14.2015

    After years of focusing on moonshots and other lofty goals, the Xprize Foundation now hopes to inspire innovation in the opposite direction... in a very literal sense. Its new Shell Ocean Discovery Xprize is offering a total of $7 million in awards to teams that can deliver robotic exploration of sea floors as deep as 4,000m (13,123ft). The $4 million grand prize and a $1 million runner-up prize will go to the groups that deliver the sharpest maps on top of meeting baseline requirements for autonomy, depth and speed. The top 10 teams will split a $1 million milestone prize, while the National Oceanic and Atmospheric Administration is chipping in another $1 million for teams that spot objects through biological and chemical clues.