Digitalcore, an investee company of ANU Connect Ventures, has just won the prestigious Eureka Prize for commercialisation of innovation 2012.
The company is built on a decade of fundamental research at The Australian National University (ANU) and the University of New South Wales (UNSW). The technology developed is based on using high-resolution 3D imaging of rocks combined with novel supercomputing algorithms for effective extraction of oil and natural gas.
Digitalcore was formed in 2009 and includes Dr Victor Pantano as Chief Executive Officer, Professor Mark Knackstedt as Chief Technology Officer, Professor Tim Senden and Dr Adrian Sheppard from the Research School of Physics and Engineering at the ANU, and Professor Val Pinczewski and Associate Professor Christoph Arns from the School of Petroleum Engineering at UNSW.
The Eureka Prizes are part of the most comprehensive and prestigious national science awards.
Congratulations to the Digitalcore team!