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Uploaded on Nov 23, 2011
The X PRIZE Foundation, the leading nonprofit organization solving the world's Grand Challenges by creating and managing large-scale, global incentivized competitions, and philanthropist Wendy Schmidt, who personally funded the prize purse, today awarded two winning teams of the $1.4 million Wendy Schmidt Oil Cleanup X CHALLENGE. The first place team, Elastec/American Marine, from Illinois, USA, and the second place team, NOFI from Tromsø, Norway, emerged from an original field of more than 350 entry submissions from around the world.