News provider Wall Street Journal (WSJ) has named Rice University spin-out Rebellion Photonics as its startup of the year in its inaugural competition.
The company is commercialising Rice technology for a gas cloud imaging camera, capable of continual monitoring for potential leaks at oil rigs and gas refineries. The startup begin its first full scale installation this year, and offers a subscription service based on the number of cameras required to monitor an installation.
Editors at the WSJ selected the startup from a shortlist of 24 down from an overall applicant list of over 500 companies. WSJ partners with in excess of 40 business leaders, entrepreneurs, and venture and angel investors to assess the startups, including founder of the Virgin Group Richard Branson and co-founder of America Online (AOL) Steve Case.