Krypto Labs, the global innovation hub with a unique ecosystem for funding ground-breaking startups, has announced the opening of Phase II of Drone X Challenge (DXC) 2020. This global multimillion-dollar challenge aims to push the frontiers of innovation in drone technologies, with a focus on high payload capacity and long flight endurance UAVs.
The Drone X Challenge 2020 is Krypto Labs’ most rewarding initiative to date and is open to entrepreneurs, start-ups, researchers, university students and established companies. Teams wanting to apply for Drone X Challenge 2020 Phase II will have to develop a drone system capable of achieving the minimum endurance and payload as per the category they are applying to.
Drone X Challenge 2020 is divided in 3 phases and a final event, providing US$1 Million Final Prize. The outstanding applications that meet the requirements of Phase II will collectively receive US$300,000 in R&D grants.
The shortlisted teams of Phase I received US$320,000 in R&D grants, which required applicants to provide a technical proposal detailing the design of a drone capable of meeting the minimum requirements of payload and endurance.
The shortlisted teams of Drone X Challenge 2020 Phase I are:
Dr. Saleh Al Hashemi, Managing Director of Krypto Labs said: “This competition aligns with our efforts in contributing to the development of drone technology globally. We aim to redefine the way drone technologies are impacting our lives, and Krypto Labs is proud to be leading the way in the region by supporting startups, established companies, and industries involved in the field of drone development. By catalyzing and supporting these cutting-edge solutions, we aim to continue leveraging disruptive technologies that can create value and make an impact.”
For more information about Drone X Challenge 2020, please visit https://dronexchallenge2020.com.