It's known as the Nano Membrane Toilet, and it was funded by the Gates Foundation in September 2012 for $710,000.
March 22 is World Water Day, an appropriate time to highlight the grim fact that more than 2.4 billion people around the world still live in unsanitary conditions.
Without access to clean running water, these at-risk communities face life-threatening sanitation-related diseases.
The Nano Membrane toilet's design is meant to offset this scarcity. It's waterless, easy to use, and provided it receives additional funding for field tests, could very well be part of the future of sanitation.