BOULDER, Colo. - Nov. 18, 2020 - Colorado Cleantech Industries Association (CCIA) awarded Canadian company FLITE Material Sciences Corp with a $5,000 prize at the seventh annual Oil & Gas Cleantech Challenge (OGCC) on November 12, 2020. Second place went to Veros Systems and third place went to Modumetal. CCIA hosted their flagship cleantech challenge event virtually. The OGCC works to connect clean energy and technology businesses to the oil and natural gas industry.

The winning innovation from FLITE is laser-based technology that changes the surface topology of materials to make them attract or repel water and oil without using any chemical coatings.

The company's founder Dan Cohen said that "The CCIA Oil and Gas Cleantech Challenge was a privilege - an opportunity to showcase our potential in front of investors, partners and customers. We're grateful to the organizers, and judges for their diligence and open mindedness, giving all these early stage technologies a shot at changing the world".

Helen El Mallakh, executive director of CCIA, said "This year's 7th Oil & Gas Cleantech Challenge was a tremendous success and we are proud to have hosted such an amazing exchange in a virtual format. The caliber of innovation and technology was phenomenal. Congratulations to the top 12 presenting companies that made it to the Challenge stage out of 64 applicants from around the globe representing the best and the brightest in the oil and gas technology ecosystem."

Cohen concluded, "FLITE will do our best to make you proud".

Companies chosen to present their innovative technology or solution were:

Airworks Compressors Corp.

Avitas, A Baker Hughes Venture

Bluefield Technologies, Inc.

CanaGas Inc.

CarboEvolution, LLC

Crusoe Energy Systems, Inc

CTFusion, Inc.

FLITE Material Sciences

Modumetal

Qnergy

REVOLUTION Turbine Technologies

Veros Systems

CCIA developed the successful Oil & Gas Cleantech Challenge model, now in its seventh year, which has seen two spin-offs in other industry (commercial vehicles and mining) in partnership with an internationally recognized team of industry leaders, including ConocoPhillips, Chevron, bpx Energy, Canadian Consulate General of Denver, Rocky Mountain Institute, Colorado Energy Office, ICEED, Holzer Patel Drennan, and Orchid Petroleum Advisors.

About CCIA

Founded in 2008, Colorado Cleantech Industries Association (CCIA) is a statewide organization dedicated to promoting Colorado's cleantech industries. CCIA impacts Colorado's policies, people, products and programs that drive expansion of a cleaner, cheaper, more efficient and secure energy economy. Through advocacy, public policy leadership, development and education, CCIA works to ensure that Colorado is a global cleantech leader. For more information, visit

https://coloradocleantech.com

Contact
Haley Whittaker