12 Jul

Letlole La Rona Limited (LETL.bw) 2012 Abridged Report

first_imgLetlole La Rona Limited (LETL.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2012 abridged results.For more information about Letlole La Rona Limited (LETL.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Letlole La Rona Limited (LETL.bw) company page on AfricanFinancials.Document: Letlole La Rona Limited (LETL.bw)  2012 abridged results.Company ProfileLetlole La Rona Limited, listed on the Botswana Stock Exchange, is a real estate development and management company that owns and operates commercial and industrial properties in Botswana which includes hotels, warehouses and factories. The focus of the company property portfolio is on industrial properties. Letlole La Rona Limited has thirteen industrial properties in its portfolio; as well as Moedi House which is a commercial property; Shoppers which is retail property; Red Square which is a residential development; and four hospitality properties which are Bosele Hotel, President Hotel, Cresta Lodge and Thapama Lodge. Letlole La Rona Limited is a subsidiary of Botswana Development Corporation Limited.last_img read more

12 Jul

Aiico Insurance Plc (AIICO.ng) Q32013 Interim Report

first_imgAiico Insurance Plc (AIICO.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2013 interim results for the third quarter.For more information about Aiico Insurance Plc (AIICO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Aiico Insurance Plc (AIICO.ng) company page on AfricanFinancials.Document: Aiico Insurance Plc (AIICO.ng)  2013 interim results for the third quarter.Company ProfileAiico Insurance Plc is a leading insurance company in Nigeria offering life assurance and annuity, general insurance and special risk, pension management, health insurance and asset management. The company is the second-largest insurance company in Nigeria by gross premiums and has a diversified client base which includes corporations, financial institutions, governments and individuals. Life insurance products include an annuity plan, corporate savings plan, education, flexible endowment plan, group life insurance plan, income investment plan, life celebration plan, mortgage protection plan, term assurance and three payment plant. Aiico Insurance Plc has a controlling stake in Multishield Plc and a minority stake in Healthcare International Plc and Aiico Capital Plc. The company’s head office is in Lagos, Nigeria. Aiico Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

12 Jul

Vitafoam Nigeria (VITAFO.ng) Q32018 Interim Report

first_imgVitafoam Nigeria (VITAFO.ng) listed on the Nigerian Stock Exchange under the Retail sector has released it’s 2018 interim results for the third quarter.For more information about Vitafoam Nigeria (VITAFO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Vitafoam Nigeria (VITAFO.ng) company page on AfricanFinancials.Document: Vitafoam Nigeria (VITAFO.ng)  2018 interim results for the third quarter.Company ProfileVitafoam Nigeria Plc manufactures and sells a range of flexible, reconstituted and rigid foam products in Nigeria. It is the largest foam manufacturing company in the country with an extensive distribution network which includes exporting to other countries in Africa. Vitafoam is a household name in Nigeria and known for its quality products and being a leader in innovation and advanced sleep technology. Mattresses can be custom-made to customers’ requirements using contour cutting equipment. The company also provides foam products for mothers with children including changing mats, baby cot mattresses and feeding pillows. Rigid polyurethane foam manufactured by Vitafoam Nigeria Plc is used in the oil and gas, refrigeration, air-conditioning, poultry and office partitioning sectors. In 200, Vitafoam Nigeria Plc became the first foam manufacturing company in Nigeria to be awarded the NIS 9002 Certificate for its flexible and rigid polyurethane foam, fiber pillows, underlays and adhesives. The company expanded its operations to include Vitafoam Ghana Limited (2008) and Vitafoam Sierra Leone Limited (2009). Vitafoam Nigeria Plc has a major stake in Vono Products and established Vitapur Nigeria which manufactures insulation products; and Vitablom which processes fibre and other material for the upholstery layer. Its company head office is in Lagos, Nigeria. Vitafoam Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

23 Jun

Championship final 2nd leg: Bristol v London Welsh

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS By Richard GraingerLONDON WELSH bounced back to the top flight at the first attempt despite a brave Bristol fightback at the Memorial Stadium on Wednesday night.Bristol, who finished eight points ahead of second-placed Welsh at the end of the regular season, took a 19-point deficit into their final game at the Mem. But soggy conditions and wayward place-kicking from ex-Wales International Nicky Robinson didn’t help their cause.“We left a lot of points out there and had enough opportunities, but we have to be able to take those,” said Bristol DoR Andy Robinson after the 21-20 defeat (48-28 on aggregate). “It’s something we will look at going into next season. I thought it was an outstanding performance. The character we showed was excellent, but we were left to chase too much.”Nicky Robinson, who was eventually replaced by Adrian Jarvis, was off-target with three kickable penalties and two conversions, one of which was from the touchline.A fired-up Bristol dominated the first quarter but failed to put points on the board. Indeed, it was a drop-goal from Sky Sports Man of the Match Gordon Ross, on Welsh’s first sortie out of their own half, that stretched the aggregate gap to 22 points.No way through: Bristol’s Ben Glynn meets a resolute London Welsh defence at the Memorial GroundAs Welsh quietened the crowd thanks to their organisation and discipline in defence, a delightfully weighted Robinson cross-kick found Andy Short on the left flank and he shrugged off two weak tackles to slither over in the corner.Robinson failed to convert and Ross nudged the Exiles back into the lead as Bristol, whose scrum had started competitively, collapsed to concede a penalty.On the stroke of half-time, Exiles scrum-half Chris Cook was sentenced to an extended interval break when he was adjudged to have knocked on deliberately to prevent Short collecting a pass for his second, but all that intense Bristol pressure could produce was a Robinson penalty to give Bristol an 8-6 interval lead.Mitch Eadie roused the Bristol faithful when he touched down on the hosts’ first attack after the break. Robinson couldn’t add the extras nor a penalty from an Exiles scrum collapse and that transpired to be his last action of this season. Replacements: Vella, Bristow, Tideswell, West, Stedman, Lewis, Crane.For more league winners from across the country, see the Champions section of the July 2014 issue of Rugby World – on sale now. Aviva Premiership rugby will return to Kassam Stadium next season thanks to London Welsh’s 20-point aggregate win over promotion favourites Bristolcenter_img Red-letter day: London Welsh celebrate with the Championship trophy after their final victory There was real belief when Adam Hughes finished off a fine break by Ben Mosses and Jarvis converted to bring Bristol within eight points with ten minutes to go. Game on.Welsh hit back with two tries in two minutes to slam the door on Bristol’s Premiership aspirations. First, after a TMO referral, James Tideswell was adjudged to have touched down when an Exiles maul reached the Bristol try-line. Then silence descended when Seb Stegmann hacked on three times from his own 22 before collecting the ball and diving over.Ross converted to put the Exiles 21-20 ahead and into the Premiership, and to conclude 92 years of Bristol rugby at the Memorial Stadium.Welsh head coach Justin Burnell said: “Bristol are a good side and I feel for Andy Robinson. I don’t think they took us for granted, but if you don’t kick the points it’s disappointing.”Bristol will have the summer to ponder how to better Worcester and an improving Leeds outfit for promotion next season.Bristol: Wallace; Amesbury, Tovey, Mosses, Short; Robinson, Tipuna (capt); Traynor, Johnston, Cortes, Glynn, Townson, Koster, Mama, Eadie.Replacements: Lawrence, Hall, Hobson, Skirving, Grindal, Jarvis, Hughes.London Welsh: Awcock; Stegmann, May (capt), Jewell, Scott; Ross, Cook; Trevett, Morris, Edwards, Spencer, Corker, Lees, Kirwan, Thorpe.last_img read more

18 Jun

Munster have nabbed the signatures of two giant World Cup Winners

first_imgFriday Jan 31, 2020 Munster have nabbed the signatures of two giant World Cup Winners Munster Rugby and the IRFU have confirmed that Springbok Rugby World Cup winners Damian de Allende and RG Snyman are set to join the province at the beginning of the 2020/2021 season. They have also signed Saracens’ Matt Gallagher.ADVERTISEMENTThe trio have signed two-year contracts that will see them remain with Munster until at least June 2022.The Springbok duo of De Allende and Snyman are both currently playing in the Japanese Top League, after playing centrol roles in South Africa’s tournament win in Japan.From Cape Town, 28-year-old De Allende has made 47 appearances for the Springboks, scoring six tries. The huge centre is currently playing with the Panasonic Wild Knights, he previously played for the Stormers and was voted South African Super Rugby Player of the Year in 2015.Giant Snyman also featured in every game of South Africa’s successful World Cup campaign, producing a man of the match performance against Canada.  The imposing lock is highly regarded for his athleticism, ball handling skills and towering presence in the lineout.A product of the Bulls, the 25-year-old has made 23 appearances for South Africa and will make the move from Japanese club Honda Heat at the start of the new season.Snyman has been causing Havoc in JapanADVERTISEMENTPlaying full-back, or on the wing, Gallagher has made 45 appearances for Saracens, scoring 9 tries.  A former Saracens Academy Player of the Year, the 23-year-old was part of the England U20s World Championship winning side in 2016.Hailing from London, Matt is Irish qualified as his paternal grandfather and grandmother are from Derry and Limerick respectively.  In December he lined out against the province in the round three Champions Cup encounter at Thomond Park.Commenting on the new signings, Head Coach Johann van Graan said, “From a business point of view I am really pleased that Munster Rugby has secured the calibre of these players.  In terms of Damian and RG, it’s testament to the worldwide standing of this club that two World Cup winning Springboks will arrive here next summer.ADVERTISEMENT“On a personal level I know them both very well and in addition to being world-class athletes they are great men.  They will add value to everything we are striving to achieve at Munster, and I know our supporters will be eagerly looking forward to their arrival.“Equally, getting Matt on board is fantastic for our backline options. He is an exciting young talent that can play in a number of positions and is from a great rugby pedigree.” Posted By: rugbydump Share Send Thanks Sorry there has been an error News Related Articles 25 WEEKS AGO Exeter vs Toulouse is off as a number of… 25 WEEKS AGO Danny Cipriani leaves Gloucester with immediate… 25 WEEKS AGO ‘Aphiwe can’t believe it. We were starting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

13 Jun

Dixon: “Dreams do come true”

first_imgLinkedin Kramer claims 100th career win TCU falls to Georgia in AutoZone Liberty Bowl Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ ReddIt Kacey Bowen Linkedin Another series win lands TCU Baseball in the top 5, earns Sikes conference award Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ ReddIt Pittsburgh coach Jamie Dixon yells on the sideline during the first round of the NCAA tournament on March 18. Twitter + posts printJamie Dixon was welcomed home today.In 1987, he played his last game for TCU. Now, he’s back as the head coach.Director of Intercollegiate Athletics Chris Del Conte said this day has been long awaited. The wait has been worth it, he said.“I feel like we have assembled the best coaching staff in the country,” Del Conte said.Dixon was lured away from the Pittsburg Panthers, where he was signed through 2023 and had the highest winning percentage of any coach in the school’s history. He will replace Trent Johnson, who was fired last week after four losing seasons as the Frogs’ head coach.Dixon played for the Frogs from 1984-1987. Perhaps the most iconic moment of his career came when he hit a game-winning shot against Texas in 1986 that helped TCU capture the Southwestern Conference title.Dixon opened his Tuesday press conference by saying “dreams do come true.”Now, he said his new dream is to win.“We are here to win,” Dixon said. “Right now and the right way.”Dixon said with the players he is working with, he expects to win. But he said the players have to want and work for it.“I told them last night this is no rebuilding project,” Dixon said. “I like what they have.”Dixon said he wants his players to be tough, unselfish, and smart.Despite the fact that the Frogs are coming off a 12-21 season, Dixon said there should be high expectations for next season.“You can’t plan on being ninth place just because that’s better than 10th,” Dixon said.Dixon becomes the 22nd head coach in the history of the TCU basketball program. Previous articleTCU baseball cracks top 5Next articleFrogs continue winning streak against ACU Kacey Bowen RELATED ARTICLESMORE FROM AUTHOR Support for seniors on Senior Day TCU baseball finds their biggest fan just by saying hello TCU rowing program strengthens after facing COVID-19 setbacks Kacey Bowenhttps://www.tcu360.com/author/kacey-bowen/ TCU vs Georgia: “Playing to win” Kacey is a junior journalism major from Friendswood, Texas. She is a managing editor for TCU360. Twitter Facebook Facebooklast_img read more

12 Jun

Three Pakistani reporters catch coronavirus

first_img Pakistani journalist critical of the military wounded by gunfire Six people have so far died of the coronavirus in Pakistan, including a doctor in a remote northern region, but observers expect a wave of more cases in the coming days. “You cannot rule out the possibility that the three journalists who have tested positive for Covid-19 caught it while reporting in the field,” said Daniel Bastard, the head of RSF’s Asia-Pacific desk. “This is why we ask all of the country’s media executives and owners to put their reporters’ health first and not send large numbers of them into the field. Everything must be put in place so that they can work from home and avoid any potential source of infection.” April 21, 2021 Find out more Organisation RSF_en Pakistani supreme court acquits main suspect in Daniel Pearl murder The news was broken on Twitter yesterday morning and then confirmed during the day that two journalists with News 24 HD TV and one with AbbTakk TV have tested positive. All three, whose names have not been disclosed, are based in Lahore, the capital of the eastern province of Punjab. March 23, 2020 – Updated on May 6, 2020 Three Pakistani reporters catch coronavirus Punjab’s government has imposed a partial lockdown in the province from yesterday because the number of coronavirus cases has been growing steadily for the past few days. For Pakistan as a whole, the number of cases has gone from 22 last weekend to more than 800 now. News After three Pakistani TV journalists who do field reporting tested positive for Covid-19, Reporters Without Borders (RSF) calls on the Pakistani media to temporarily close their bureaux for the sake of the health of their staff. PakistanAsia – Pacific Protecting journalists Covid19 PakistanAsia – Pacific Protecting journalists Covid19 center_img Follow the news on Pakistan Pakistan is ranked 142nd out of 180 countries in RSF’s 2019 World Press Freedom Index. News A Pakistani journalist wearing a protective facemask uses his mobile phone outside the Aga Khan University Hospital where a patient of the COVID-19 novel coronavirus has been admitted in Karachi on February 26, 2020. (Asif Hassan / AFP). Pakistani TV anchor censored after denouncing violence against journalists June 2, 2021 Find out more Receive email alerts Help by sharing this information to go further News News January 28, 2021 Find out morelast_img read more

4 Jun

Common sense would light up Croom

first_imgTwitter Facebook Previous articleListen: The Last Post News Roundup April 13, 2019Next articleNo sex assault unit in Limerick despite rise in number of victims Alan Jacqueshttp://www.limerickpost.ie Call to extend Patrickswell public sewer line Email €110,700 for four Limerick Projects under Town and Village Renewal Scheme Richard O’Donoghue, Independent. Photo: Cian ReinhardtINDEPENDENT councillor Richard O’Donoghue has urged Limerick City and County Council to use “common sense” and light up the public road in front of apartments off High Street in Croom.He maintains that the area has suffered a number of ongoing issues because of the lack of public lighting,Sign up for the weekly Limerick Post newsletter Sign Up “This is a public area serviced by a public road. The ongoing issues are anti-social behaviour, especially at holiday time, constant break-ins in the area, with two more house break-ins and one break-in to a car again this week,” he told the Limerick Post.“The lights are there, wired and working, as agreed with Limerick City and County Council at the time that the apartments were built. Residents signed a petition to block off a roadway at the back of High Street and a light was erected to light the public roadway and agreed with the Council.“Thousands upon thousands have been wasted on investigations by the Council and others when hundreds will fix this. Lives and properties can be saved if common sense is used.“I have made countless representations on this matter. I have met on-site with Gardaí due to anti-social behaviour in the area. Countless man-hours have been wasted in an attempt to resolve this issue and my representations are going around in circles.”Cllr O’Donoghue met on-site last week with residents and the owner of the apartments.“Three poles were erected in the area to light up the public road. I discovered yesterday that the power at the main pillar box at High Street, feeding these three poles, has been disconnected,” he said.He is now calling on the local authority to restore, without any further delay, the power to the three poles lighting this public roadway.“The resources of the Gardaí and the Council can be better spent. Common sense must be used in this instance. For an outlay of little more than €200 per annum this public area could be lit and made safe,” Cllr O’Donoghue declared.There was no response from Limerick City and County Council at the time of going to print. Linkedin Heartbroken publicans call time on their Covid lockdown Printcenter_img Advertisement Patrickswell women get to the heart of the matter Limerick people will have their say on ‘bigger picture’ issues WhatsApp NewsLocal NewsPoliticsCommon sense would light up CroomBy Alan Jacques – April 11, 2019 779 TAGSCroomIndependentLimerick CountyLocal Elections 2019local newsNewspoliticsRichard O’Donoghue RELATED ARTICLESMORE FROM AUTHOR Limerick cafe owner calls for injection centres to tackle on-street drug use last_img read more

2 Jun

Neue Studie ergibt: Xlear tötet und/oder deaktiviert SARS-CoV-2; Wirksamkeit gegen neue Varianten

first_img Twitter Twitter Pinterest EVANSTON, Ill.–(BUSINESS WIRE)–Jan 26, 2021– Aus einer neuen In vitro -Studie, die von der Utah State University und der Northwestern University gemeinsam durchgeführt wurde, geht hervor, dass Wirkstoffe von Xlear (Grapefruitkernextrakt und Xylitol) maßgeblich zur Eliminierung von SARS-CoV-2, dem für COVID-19 verantwortlichen Virus, beitragen. Der Bildgebungsteil der Forschungsstudie wurde in der BioCryo-Anlage am NUANCE Center der Northwestern University durchgeführt. Diese Pressemitteilung enthält multimediale Inhalte. Die vollständige Mitteilung hier ansehen: https://www.businesswire.com/news/home/20210126005926/de/ Using electron microscopy, we have visual evidence showing that xylitol and grapefruit seed extract (GSE) counters the virus. The GSE kills the virus, while the xylitol prevents the virus from attaching to the cell walls. The image shows SARS-CoV-2 viruses outside the cell and never attached, thereby preventing infection (Photo: Business Wire) In der Studie wurde die Reaktion von SARS-CoV-2-Virustitern und LRV auf eine einzige Konzentration von Xlear-Nasenspray getestet. In der Studie heißt es: „Nach einer Kontaktzeit von 25 Minuten reduzierte das Nasenspray das Virus von 4,2 auf 1,7 log10 CCID50 pro 0,1 mL – eine statistisch signifikante Reduzierung (P<0.001) um 2,5 log10 CCID50.“ Die Studie von Northwestern/Utah State ist die neueste von einer Reihe von Studien, die zu dem Schluss kommen, dass Xlear gegen SARS-CoV-2 wirkt. Die Studie ist jedoch hinsichtlich zweier entscheidender Aspekte bahnbrechend: „Zunächst schließen wir, dass Xlear nicht nur gegen SARS-CoV-2 wirkt, sondern wahrscheinlich auch effektiv bei der Verhinderung der Verbreitung zukünftiger H1N1-Viren sowie anderer Virusepidemien ist. Angesichts der leichter übertragbaren Varianten, die wir jetzt haben, ist das jetzt sehr wichtig“, sagte Professor Mark Cannon von der Feinberg School of Medicine, Northwestern University. „Zweitens konnten wir mittels der Elektronenmikroskopie visuelle Beweise dafür finden, dass Xylitol und Grapefruitkernextrakt gegen das Virus wirken. Der Grapefruitkernextrakt tötet das Virus ab, während das Xylitol verhindert, dass es an den Zellwänden andockt. Das Bild (angehängt) zeigt SARS-CoV-2-Viren außerhalb der Zelle und nie an sie angedockt, womit eine Infektion verhindert werden kann“, sagte Dr. Cannon weiter. Die Studie postuliert, dass Xylitol als Täuschungsmanöver für SARS-CoV-2 fungiert und das Andocken des Virus an das Kernprotein an der Zellwand verhindert. Die Gemeinschaftsstudie kommt zu dem Schluss: „Da es keine Risikofaktoren bei der Anwendung der Kombinationstherapie mit Xylitol/Grapefruitkernextrakt gibt, das [Xlear]-Nasenspray rezeptfrei im Handel erhältlich ist und [Xlear] zudem das bequeme Tragen von Masken über längere Zeit ermöglicht, sollte die Anwendung dieser präventiven antiviralen Therapie gefördert werden.“ Vollständige Studie: https://www.biorxiv.org/content/10.1101/2020.12.02.408575v3.full Weitere Informationen zu Xlear (einschließlich Bezugsquellen): https://xlear.com/ Die Ausgangssprache, in der der Originaltext veröffentlicht wird, ist die offizielle und autorisierte Version. Übersetzungen werden zur besseren Verständigung mitgeliefert. Nur die Sprachversion, die im Original veröffentlicht wurde, ist rechtsgültig. Gleichen Sie deshalb Übersetzungen mit der originalen Sprachversion der Veröffentlichung ab. Originalversion auf businesswire.com ansehen:https://www.businesswire.com/news/home/20210126005926/de/ CONTACT: Jeff Gulko 617-304-7339 [email protected] KEYWORD: UNITED STATES NORTH AMERICA UTAH ILLINOIS INDUSTRY KEYWORD: INFECTIOUS DISEASES HEALTH SCIENCE PHARMACEUTICAL RESEARCH SOURCE: Xlear Copyright Business Wire 2021. PUB: 01/26/2021 12:41 PM/DISC: 01/26/2021 12:41 PM http://www.businesswire.com/news/home/20210126005926/de Previous articleAllurion Technologies lance une suite logicielle de soins de santé qui va transformer l’expérience des consommateurs et des prestatairesNext articleEstrellaTV Now Available on XUMO Digital AIM Web Support WhatsApp Neue Studie ergibt: Xlear tötet und/oder deaktiviert SARS-CoV-2; Wirksamkeit gegen neue Varianten By Digital AIM Web Support - January 26, 2021 center_img TAGS  Facebook Pinterest Local NewsBusiness Facebook WhatsApplast_img read more

2 Jun

$100M XPRIZE for Carbon Removal Funded by Elon Musk to Fight Climate Change

first_img LOS ANGELES–(BUSINESS WIRE)–Feb 8, 2021– XPRIZE, the world’s leader in designing and launching incentive competitions to solve humanity’s grand challenges, today announced the $100M XPRIZE Carbon Removal sponsored by Elon Musk and the Musk Foundation. This four-year global competition invites innovators and teams from anywhere on the planet to create and demonstrate a solution that can pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an environmentally benign way. To win the competition, teams must demonstrate a rigorous, validated scale model of their solution at a level of carbon removal of 1 ton of CO2 per day, and further must demonstrate to a team of judges the ability of their solution to economically scale to gigaton levels. The objective of this XPRIZE is to inspire and help scale efficient solutions to collectively achieve the 10 gigaton per year carbon removal target by 2050, to help fight climate change and restore the Earth’s carbon balance. “We want to make a truly meaningful impact. Carbon negativity, not neutrality. The ultimate goal is scalable carbon extraction that is 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. “We are challenging engineers, scientists and entrepreneurs to build and demonstrate carbon removal systems that work,” said Peter H. Diamandis, Founder and Executive Chairman of XPRIZE. “Systems that in sub-scale can demonstrate real, viable carbon removal at 1 ton per day, and then show us how those systems can scale (cost effectively) to scale massively to gigaton scale. The goal of this competition is to inspire entrepreneurs and engineers to build the carbon dioxide removal solutions, many of which have only been discussed and debated. We want to see them built, tested, and validated. We hope this XPRIZE will activate the public and private sectors to get involved in the same way that the $10M Ansari XPRIZE brought about the commercial spaceflight industry.” For humanity to reach the Paris Agreement’s goal of limiting the Earth’s temperature rise to no more than 1.5˚(C) of pre-industrial levels, or even 2˚(C), we need bold, radical tech innovation and scale up that goes beyond limiting CO2 emissions, but actually removes CO2 already in the air and oceans. If humanity continues on a business-as-usual path, the global average temperature could increase 6˚(C) by the year 2100. The full competition guidelines will be announced on April 22 nd, 2021, which is also Earth Day. On that same day team registration will begin. The competition will last for 4 years through Earth Day 2025. The $100M in prize purses will be distributed in the following manner: After 18 months, at the discretion of the competition judges, the 15 top teams selected will receive $1 million each. Milestone Awards will kickstart team fundraising for their operating budgets to achieve the full-scale demonstrations required to win the prize. In the same timeframe, a total of twenty-five $200,000 student scholarships will be distributed to student teams competing. The remaining $80M in Purses will be distributed as follows: 1) Grand prize Winner (1 st Place): $50M 2) 2 nd Place: $20M 3) 3 rd Place: $10M Teams can submit entries across natural, engineer and hybrid solutions. Judges in the competition will evaluate the teams based upon four basic criteria: 1) A working carbon removal prototype that can be rigorously validated capable of removing at least 1 ton per day. 2) The team’s ability to demonstrate to the judges that their solution can economically scale to the gigaton level. 3) The main metric for this competition is fully considered cost per ton, inclusive of whatever considerations are necessary for environmental benefit, permanence, any value-added products; and 4) The final criteria is the length of time that the removed carbon is locked up for. A minimum goal of 100 years is desired. “Our Earth’s changing climate is a fundamental threat to humanity. But it’s not too late if we take action NOW! Human imagination and creativity can shape a brighter and more sustainable future on this planet we call home,” said Anousheh Ansari, CEO of XPRIZE. “By partnering with Elon and the Musk Foundation, we will crowdsource cost-effective solutions that can scale massively in the real world. Through XPRIZE Carbon Removal competition, the teams are invited to make history and become our climate heroes by reshaping our future. “We are expecting a huge array and diversity of teams from around the world to register and compete. What’s beautiful about an XPRIZE competition is the diversity of approaches taken by the teams. This is a great fit for carbon removal because there are so many ways to pull CO2 out of the air and our oceans. We expect to see approaches like engineered direct air capture, mineralization and enhanced weathering, natural solutions based on plants, trees, or ocean-focused solutions. We want as many viable scalable demonstrations now so we can all help the best solutions get to deployment as soon as possible.” For the latest information about the competition structure and important dates, please visit XPRIZE.org/prizes/elonmusk. Watch and share the 90 second trailer for this milestone $100M gigaton scale XPRIZE. About XPRIZE XPRIZE, a 501(c)(3) nonprofit organization, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. Active competitions include the $20 Million NRG COSIA Carbon XPRIZE, $10 Million XPRIZE Rainforest, $10 Million ANA Avatar XPRIZE, $6 Million XPRIZE Rapid COVID Testing, the $5 Million IBM Watson AI XPRIZE, $5 Million XPRIZE Rapid Reskilling, and $500K Pandemic Response Challenge. For more information, visit xprize.org. About The Musk Foundation The Musk Foundation creates grants that are 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. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005280/en/ CONTACT: Nicole Ryan, XPRIZE [email protected] Caden Kinard, XPRIZE [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY MANUFACTURING PHILANTHROPY OTHER NATURAL RESOURCES OTHER SCIENCE OTHER TECHNOLOGY NATURAL RESOURCES FOUNDATION ENVIRONMENT ENGINEERING SCIENCE SOURCE: XPRIZE Copyright Business Wire 2021. PUB: 02/08/2021 01:00 PM/DISC: 02/08/2021 01:01 PM http://www.businesswire.com/news/home/20210208005280/en Local NewsBusiness By Digital AIM Web Support – February 8, 2021 Facebook WhatsApp WhatsApp Twitter Pinterestcenter_img Twitter TAGS  $100M XPRIZE for Carbon Removal Funded by Elon Musk to Fight Climate Change Facebook Pinterest Previous articleCommunity Reinvestment Fund, USA Names Three to Board of TrusteesNext articleWells Fargo Invests in Six Black-Owned Banks Digital AIM Web Supportlast_img read more