<p>Krypto Labs is announcing a Drone X Challenge (DXC) <a href="https://www.for9a.com/en/opportunity/category/Competitions-and-Awards" rel="noopener noreferrer" target="_blank"><strong>Prize</strong></a>. The prize aims to accelerate the practical deployment of drones in key applications focusing on transportation and delivery. DXC will support innovative solutions that tackle two major challenges: payload capacity, and flight endurance. Krypto Labs is an incubator for global business technology with a unique ecosystem for funding ground-breaking startups.</p><h3>Prize:</h3><p>The total amount of 1.5 million dollars is distributed as follows:</p><ul><li>US $ 1 million for the final prize.</li><li>US $ 500,000 for research and development grants.</li></ul><h3>Who Can Participate?</h3><p>DXC is open to entrepreneurs, start-ups, R&amp;Ds, university students and companies.</p><h3>Competition Categories:</h3><ul><li>Fixed Wing Drones</li><li>Multi-Rotors Drones</li></ul><h3>Judging Criteria:&nbsp;</h3><p>Points will be awarded based on the technical and commercial capabilities of the drones meeting or exceeding the Drone X Challenge requirements. Bonus points will be accredited to innovative commercial applications demonstrating:&nbsp;</p><ul><li>Advanced Control Systems</li><li>State-of-the-Art Avionics</li><li>Swift Maneuverability</li><li>Scalability</li><li>Fault Tolerance</li><li>Autonomous Navigation</li></ul><h3>Competition Phases:</h3><p>The competition consists of three phases and a final event. Each team will have to design, develop and demonstrate their drone systems according to the specifications of the chosen category.</p><ul><li>Phase I &ndash; Drone Design Proposal: this phase requires to provide a technical proposal.</li><li>Phase II &ndash; Develop an MVP: this phase requires to provide a technical document demonstrating an MVP and a video demonstrating a functional drone based on the proposed design.</li><li>Phase III &ndash; Demonstrate: this phase requires to provide a technical document detailing an MVP that achieves a minimum criterion as per subcategory and a video demonstrating the MVP capabilities.</li></ul><h3>Timeline:</h3><ul><li>Applications deadline for Phase III October 2020</li><li>November 2020 Announcement of Finalists</li><li>Final Day Event December 2020</li></ul><h3>AboutKrypto Labs:</h3><p>Cryptolab is headquartered in the sustainable eco-development Masdar City in Abu Dhabi, <a href="https://www.for9a.com/en/country/United-Arab-Emirates-UAE" rel="noopener noreferrer" target="_blank"><strong>United Arab Emirates</strong></a>. &nbsp;It is an innovation hub designed to support new ideas and startups in different ways, such as offering customized mentoring programs, co-working space, and funding. Kryptolab is associated with ADFG, a leading investment company, in addition to its partnership with 500 Silicon Valley-based startups.</p><p><strong>See more available<a href="https://www.for9a.com/en/country/Egypt">&nbsp;jobs in Egypt</a> on For9a</strong></p><p><strong>See more available <a href="https://www.for9a.com/en/opportunity/category/Grants">grants</a> on For9a</strong></p>

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$1.5 Million Cash Prize to Participate in The Drone X Challenge 2020