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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