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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211110005384/en/
Contact information
Caden Kinard, 949-280-0182
caden.kinard@xprize.org
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
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
Phenom Expands Applied AI Leadership: Enterprise Talent Optimization & Work Redesign, Frontline Workforce Lifecycle & Shift Scheduling, and Unified Orchestration Engine7.11.2025 12:00:00 EET | Press release
Phenom, the leader in applied AI that helps organisations hire faster, develop better and retain longer, announced three new innovations at IAMPHENOM Europe that enhance how companies connect business strategy to talent execution: Enterprise Talent Optimization & Work Redesign, Frontline Workforce Lifecycle & Shift Scheduling, and Unified Orchestration Engine. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251107190121/en/ Phenom announced three new innovations at IAMPHENOM Europe that enhance how companies connect business strategy to talent execution: Enterprise Talent Optimization & Work Redesign, Frontline Workforce Lifecycle & Shift Scheduling, and Unified Orchestration Engine. By expanding Phenom’s AI and automation, companies are empowered to rethink how work is designed, talent is mobilised and operations are orchestrated across the full talent lifecycle. By expanding Phenom’s AI and automation, companies are empower
INNIO and KMW Secure Grid Stability and Data Center Supply With a Peaking Power Plant7.11.2025 10:00:00 EET | Press release
INNIO Group has signed a contract with KMW (Kraftwerke Mainz-Wiesbaden AG) for a new 54-MW peaking power plant. A total of twelve modular energy systems from INNIO are intended to be operated at the site. Part of the plant’s capacity is expected to be available for the “Green Rocks” data center, which is being built by KMW and Norwegian data center operator Green Mountain. INNIO’s decentralized energy solutions serve as backup in case of a blackout due to grid failure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251107090386/en/ Visualization of the future Green Rocks data center (c) KMW The power plant is scheduled to be commissioned by the end of 2027. “The partnership between INNIO and KMW is a strategic milestone for energy supply in Mainz. It combines efficiency with future viability and is designed to support the operation of our data center even in the event of a blackout,” said KMW board member Oliver Malerius. “W
Suzano Reports Increased Operational Efficiency With Lower Cash Cost in the Third Quarter of 20257.11.2025 00:58:00 EET | Press release
Suzano, the world’s largest pulp producer, announces its results for the third quarter of 2025 (3Q25), reporting sales of 3.6 million tonnes of pulp and paper combined, a 20% increase on the same quarter last year (3Q24). The positive result is driven by the operations of the Ribas do Rio Pardo pulp mill, inaugurated in 2024, and by the integration of paper production from assets acquired in the United States in October 2024. The cash cost of pulp production (excluding downtime) was R$801 per tonne, a 7% reduction compared to 3Q24, another positive highlight of the quarter. The results reflect the continuation of the downward trend in production costs and the ongoing improvement in structural competitiveness. Net revenue for the quarter totalled R$12.2 billion, broadly flat on the comparable period last year. Adjusted EBITDA totalled R$5.2 billion and operating cash generation was positive at R$3.4 billion. The movement is mainly influenced by lower pulp prices and a weaker exchange ra
Vedanta Resources Launches CopperTech Metals to Bolster U.S. Copper Security and Advance Technology and Infrastructure Transformation6.11.2025 18:45:00 EET | Press release
Vedanta Resources Limited ("Vedanta") today announced the launch of CopperTech Metals Inc. ("CopperTech" or the "Company"), a U.S.-domiciled company with a mission to 'Power the Copper Century' and to bolster America's copper security needs while capitalizing on surging copper demand driven by artificial intelligence, data center expansion, grid modernization, defense technologies and industrial onshoring requirements. CopperTech will1 own and operate the Konkola Copper Mines in Zambia, one of the highest-grade copper producing assets in the world with proven cobalt reserves. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106537189/en/ CopperTech intends to build on the existing $3 billion investment made by Vedanta Resources Limited in the Konkola Copper Mines – which included construction of a deep mine shaft, a smelter and a concentrator, and engaging in general mine development – and intends to invest an additional $1
NJ Bio Bridges the Translation Research Gap with the Asset Purchase and Integration of L2P ® Services6.11.2025 18:11:00 EET | Press release
NJ Bio, Inc., a premier contract research and clinical manufacturing service provider in Princeton, New Jersey has announced the asset purchase and full integration of the research services of L2P Research Labs® (“Lab to Pharmacy”), further expanding its service portfolio, and bridging the translational research gap. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106703527/en/ NJ Bio, Inc. now offers translational research services after completing asset purchase and full integration of the services of L2P® Research Labs, enhancing the discovery-to-development pipeline Currently, the attrition rate of biological molecules moving past phase 1 clinical trials is very high and the way to overcome this challenge is through translational research. NJ Bio specializes in preclinical and early-phase clinical research and development, with a primary focus on ADCs, bioconjugation, custom synthesis, oligonucleotides, and mRNAs. Howe
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
