A dryrack that is flexible, adjustable, compressible and reasonable? Yes.
The industrial design project that lead to the trapezist dry-rack asked to design an expendable/ transformable addition to complement a sink in a small kitchen of a common city dweller.
The design had to be easy to clean and maintain.
It would have to have built-in facilities to quicken the rinsing and drying process with minimal wastage of resources.
It would have to have a large enough surface area to accommodate all sizes of utensils.