Through two phases, CONCEPT and DEVELOP, the Power at Sea Prize will provide winners with access to direct support, including trainings, testing assets, and new connections that aim to accelerate the advancement of concepts into real prototypes.
In the CONCEPT Phase, competitors will select a blue economy application that their proposed system, subsystem, or component will support, and an integration challenge their solution intends to resolve. (See official rules for complete lists of challenges and applications). At the end of this phase, up to 20 winners will be awarded from a cash prize pool of up to $200,000.
In the DEVELOP Phase, teams will continue their concept development and prepare it for future technology development after the prize. Up to 20 winners will be awarded from a cash prize pool of up to $1,500,000.