This the entry from icarusLabs, a team of 10 MIT engineers with specialities in aerospace, control systems and artificial intelligence.
Called Stingray, it is a hybrid aircraft with VTOL cpabilities. It has a weight of 9.9 lbs (4.5 kg), a wingspan of 72 inches (1.83 m), an optimum Cruising Speed of 32 mph and the Airframe payload Capacity is 1.2 lbs (520 g).
It has its own obstacle avoid system with and onboard computer. It i sourced from and COTS components and uses the DIY Drones open source ArduPilot Mega autopilot.
Sourece: UAVForge