This is interesting as it appears that perhaps the requirements for disclosure and other obligations for the entrants would have compromised future commercialization prospects, for a measly $1.5m prize.
This may show that the management does not believe there is any necessity for this low level of financing when commercialization is at hand and finance easily obtainable.
I believe I'm ready to participate in any future funding requirements!
Ann: Wave Energy Prize Registration Update, page-2
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