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Xprize Foundation
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====2010β2011 Wendy Schmidt Oil Cleanup XCHALLENGE==== {{main|Wendy Schmidt Oil Cleanup X Challenge}} The [[Wendy Schmidt]] Oil Cleanup XCHALLENGE was introduced on July 29, 2010. The $1 million prize had a goal to inspire a new generation of innovative solutions that will speed the pace of cleaning up seawater surface oil resulting from spillage from ocean platforms, tankers, and other sources. The team of Elastec/American Marine won the challenge by developing a device that skims oil off water three times faster than previously existing technology.<ref>{{cite web|last=Boyle |first=Rebecca |url=http://www.popsci.com/technology/article/2011-10/x-prize-challenge-seeks-new-designs-and-inspiration-clean-future-oil-spills |title=Winner of Million-Dollar X Challenge Cleans Up Oil Spills Three Times Better Than Existing Tech | Popular Science |website=Popsci.com |date=October 12, 2011 |access-date=January 31, 2012}}</ref>
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