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ASU's annual Innovation Open happened over the first weekend of February and the winners are tackling BIG industrial problems.⁣..⁣ ⁣⁣ Two teams of entrepreneurs, one that tackled a critical recycling problem and one that’s trying to disrupt the oil and gas industry, each won $100,000 for their amazing pitches.⁣ 👏⁣ ⁣⁣ The first company, Closed Composites, uses chemicals to recycle carbon composite — a very strong, lightweight material that’s used to make airplanes and cars. Currently, there’s no way to recycle the substance, which is typically shredded and burned.⁣⁣ ⁣⁣ The second venture, created by Sebastien Mannai, CEO of Acoustic Wells, created a sensor that acts as a kind of “stethoscope” for oil wells. Currently, every oil well must be individually inspected by a person every day because that’s the only way to know if it’s operating efficiently with a precisely calibrated flow rate. Mannai’s sensor allows the wells to be monitored remotely, cutting down on thousands of miles of dr...

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