If you can turn thin air into water, there may be more than $1 million in it for you.
XPrize, which creates challenges that pit the brightest minds against one another, is hoping to set off a wave of new innovations in clean water -- and women's safety too.
The company announced its Water Abundance XPrize and the Anu & Naveen Jain Women's Safety XPrize on Monday in New Delhi.
The first competition will award $1.75 million to any team that can create a device able to produce at least 2,000 liters of water a day from the atmosphere, using completely renewable energy, for at most 2 cents a liter.
Teams have up to two years to complete the challenge.
India is at the center of the world's water crisis, with access to groundwater depleted in some northern and eastern parts of the country.
Water has become so scarce in India that natural arsenic has infiltrated the soil and water in certain regions.
While there are systems that can currently extract water from the atmosphere, many of them aren't energy-efficient, or generating enough water.
"We know that overuse of groundwater resources are causing the water crisis and it's only getting worse," said Zenia Tata, XPrize's executive director of Global Expansion.
The $1 million Women's Safety XPrize calls for an emergency alert system that women can use, even if they don't have access to their phones.
The alert would have to be sent automatically and inconspicuously to emergency responders, within 90 seconds, at a cost of $40 or less a year.
The device would have to work even in cases where there's no cellphone signal or internet access.