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Student Innovators From 51 Countries Compete to Solve Global Water Issues


More than 800 high school and university students from around the globe accepted the challenge from water technology leader, Xylem (NYSE:XYL), to take on water and climate issues through the second annual Xylem Ignite Global Student Innovation Challenge competition.

“We’re committed to championing student innovators because young people hold the key to a more water-secure future,” said Patrick Decker, Xylem’s CEO. “The results of this year’s competition show the power of their creativity and passion to address major water challenges.”

Team SWiFT from Santa Clara, California, is the grand prize winner in the secondary (high) school category, awarded for their efforts to improve the life span of a water pump. “The big problem is that water scarcity and water stress are plaguing many countries in Africa,” noted the team. “More than one million hand pumps installed there support rural communities with one in five people relying on them for drinking water.” By creating a unique design to reduce repair time and provide easy access to troubleshooting, the team was able to address a 30% pump failure rate.

Team AquaFlo from Ontario and British Columbia in Canada is the grand prize winner in the tertiary (university) category for their design of two different technical solutions to notify users when a water hand pump is out of service. Their concepts include an innovative mobile app, interactive voice response and an automated message service system.

“We are passionate about using technology for social good and were immediately drawn to the challenge of keeping water flowing in rural communities,” the AquaFlo team noted. “We saw a real opportunity for us to improve the quality of life for a significant part of the population.”

Now in its second year, the Xylem Ignite Global Student Innovation Challenge drew interest from students in 51 countries. Over an eight-week period, students were tasked with developing ideas to solve one of four critical water challenges—data storytelling for water insecurity, creating a floating city master plan, keeping water flowing in rural communities and kickstarting water’s race to net zero.

Xylem will recognize the grand prize winners in a virtual ceremony to be held today. In total, the judges identified 12 winning teams who will receive money from the $20,000 prize pool.

The winners of this year’s competition will also be given the opportunity to enroll in Xylem’s Ignite Innovation Incubator, a program that provides support for participants to scale their concepts and advance them toward market readiness.

For more information about Xylem Ignite, including on-demand access to the awards event, visit http://www.xylem.com/ignite.

About Xylem

Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220623005513/en/

Xylem Inc. Stock

€119.05
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Xylem Inc. shows a slight decrease today, losing -€0.300 (-0.250%) compared to yesterday.
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
With a target price of 136 € there is a slightly positive potential of 14.24% for Xylem Inc. compared to the current price of 119.05 €.
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