COP26 summit: IIT Bombay students, faculty bag $250k grant from Elon Musk Foundation

Students and faculty members at Indian Institute of Technology Bombay (IIT Bombay) bagged a grant worth $250,000 from the XPRIZE Foundation, which is part of the Elon Musk Foundation at the COP26 summit in Glasgow. The student team, also known as SASIITB, comprises Srinath Iyer, Anwesha Banerjee, Srishti Bhamare and Shubham Kumar. 

Winning teams will utilize this grant to compete in subsequent rounds of XPRIZE Carbon Removal or to develop key supporting technologies which will enable carbon dioxide removal. Awards of $250,000 have been given to teams competing for the XPRIZE Carbon Removal Milestone and Grand Prize awards across the various carbon removal pathways – air, land, rocks and oceans, as per the XPRIZE Foundation release. 

Tesla and SpaceX Founder and CEO Elon Musk said, “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. What it takes. Time is of the essence.” 

The team created a tri-modular technology for large scale carbon dioxide removal.  

Image courtesy of (Image courtesy: DNA India)

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