FREELANCER.COM PARTNERS WITH THE BUREAU OF RECLAMATION AND NASA TO IMPROVE HYDROPOWER SYSTEM RELIABILITY

DGAP-News: Freelancer.com
06/21/2021 / 13:00
The issuer is solely responsible for the content of this announcement.

Freelancer Limited (ASX: FLN), the world’s largest freelance and crowdsourcing marketplace, partnered with Arrow Electronics, one of the world’s largest electronic components distributors, to host the $ 250,000 Automated Maintenance of Protection Systems Challenge for the Bureau of Reclamation secured.

The aim of the challenge is to improve the reliability of hydropower generation by automating tests of safety equipment and reducing plant downtimes. Leveraging the Freelancer.com and ArrowPlus platforms is expected to attract large numbers of candidates who offer a variety of viable solutions.

‘We’re excited to offer the Automated Maintenance of Protection Systems Challenge (AMPS Challenge) for the Bureau of Reclamation, with the world’s largest online talent pool of electronics and electrical engineers, in the largest challenge by an order of magnitude to date – a – a quarter of a million US dollars Prize money. If you have the skills, sign up at Freelancer.com now to get involved, ”said Matt Barrie, chief executive of Freelancer.

With over 2.5 million freelance engineers on its platform, Freelancer has extensive engineering expertise, of which ~ 260,000 specialize in electrical engineering. There are also millions of tangentially experienced experts, including software, hardware, and firmware developers. Freelancer.com has obtained over 13,000 product designs from more than 6,000 designers in competitions on behalf of NASA.

Freelancer built and operates ArrowPlus, the world’s largest crowdsourcing platform for electrical and electronic engineering, which 175,000 leading technology manufacturers and service providers access to drive innovation.

The Bureau of Reclamation’s AMPS Challenge will be a two-phase challenge that looks for improvements and / or new concepts to automate the testing of protection systems in Reclamation hydropower plants: a White Paper Challenge and a Prototype Challenge.

The White Paper Challenge offers a total of $ 100,000 with up to 10 prizes of $ 10,000 each expected.

In the Prototype Challenge, which begins immediately after the White Paper Challenge ends, the best prototype will be awarded a prize of up to US $ 100,000. In addition, teams that excel in individual benchmarks will receive $ 10,000 awards for a total of $ 150,000 in prototype cash.

Further information can be found at https://www.freelancer.com/reclamation.

This is the first contract that Freelancer has received under the joint NOIS2 tender for $ 25 million and is valued at $ 365,000.

Via the complaint office

Founded in 1902, the Bureau of Reclamation is best known for the dams, power plants, and canals it built across the 17 western states. These water projects resulted in homesteading and encouraged economic development in the west. Reclamation has built more than 600 dams and reservoirs, including the Hoover Dam on the Colorado River and Grand Coulee on the Columbia River.

The Bureau of Reclamation is the largest water wholesaler in the United States. It provides water to more than 31 million people and provides one in five western farmers (140,000) with irrigation water for 10 million acres of farmland.

Reclamation is also the second largest producer of hydropower in the United States. Its 53 power plants provide more than 40 billion kilowatt hours annually, generate electricity income of almost a billion dollars and produce enough electricity to supply 3.5 million households.

About Freelancer (R)

The twelve-time Webby award winner Freelancer.com is the world’s largest freelance and

Crowdsourcing marketplace by total number of users and published jobs. More than 53 million

Registered users have posted over 20 million jobs and competitions in over 1,800 areas to date as

diverse such as website development, logo design, marketing, copywriting, astrophysics, aerospace

Engineering and manufacturing.

Freelancer owns StartCon, Australia’s largest startup conference, expo and entrepreneur

Founded in 2009, WarriorForum.com, the world’s largest internet marketing community

Community & Marketplace, Escrow.com, the world’s largest provider of secure online trusts

and online transaction management for consumers and businesses on the Internet and

Freightlancer, a global freight, shipping and transportation marketplace. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX: FLN and on the OTCQX under the ticker OTCQX: FLNCF.

Contact details

Freelancer.com

Sebastian Siseles

+1 415-801-2271

sebastian@freelancer.com

Freelancer.com

Helma Kusuma

+19179202356

helma@freelancer.com

Company website

https://www.freelancer.com

News source: news direct

06/21/2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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June 22, 2021