Entries from 130 countries were assessed in the contest which focused on solutions for cybersecurity, healthcare, and renewable energy.
The entries were judged based on creativity and potential impact on key global issues.
“We believe in the power of science and technology to make positive changes in areas of common need,“ said Dr. Ray O. Johnson, senior vice president and chief technology officer of Lockheed Martin.
“Through this challenge and online forum, we are able to stimulate discussion on critical issues among a diverse community and identify potential solutions to wide-ranging issues,“ he added.
The grand prize of $25,000 went to Moble Benedict, an assistant research scientist in Aerospace Engineering at the University of Maryland.
His project proposal is a vertical axis wind turbine design which produces clean energy for urban locations.
James Mutitu, a researcher from the University of Delaware came in second place and received $10,000 for his refining of light-trapping techniques for solar cell efficiency proposal.
Three winners were chosen for the third prize and each of them will receive $5,000.
Raymond Canzanese, a doctoral candidate at Drexel University, proposed to harness data fusion techniques to identify malware, while Dick Dillon of Innovaision, LLC, came up with a plan to use avatars in offering counseling sessions.
The last winner was Tamara Monti, a doctoral candidate at Italy's Universita' Politecnica delle Marche, plans to measure cancer treatment response through photonic sensors.