X Prize: Difference between revisions
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Future X Prizes well be multi-million dollar awards for specific contests that are expected to benefit humanity. | Future X Prizes well be multi-million dollar awards for specific contests that are expected to benefit humanity. | ||
==External links== | |||
*[http://www.xprize.org// X PRIZE Foundation] | |||
[[Category:CZ Live]] | [[Category:CZ Live]] | ||
[[Category:Engineering Workgroup]] | [[Category:Engineering Workgroup]] | ||
Revision as of 10:47, 15 April 2007
The overall purpose of the X Prize concept is to facilitate innovation through competition and private entrepreneurial efforts.
The original X Prize or Ansari X Prize was a $10 million US prize created by the X Prize Foundation to get a commercial organization to launch a reusable passenger capable spaceship twice into space within a two week window. On October 4, 2004 the experimental spacecraft SpaceShipOne, won the prize.
SpaceShipOne created by the Mojave Aerospace Ventures team. This team was formed by aircraft designer Burt Rutan and funded by Microsoft co-founder Paul Allen. Because of this achievement SpaceShipOne now hangs in the Smithsonian National Air & Space Museum.
The next X PRIZE announced, October 4, 2006, was the Archon X PRIZE for Genomics. This $10 million prize will focus on rapid genome sequencing. Rapid Genome sequencing is considered an important step in science which will allow the medical community to use the individuals genetics guide their treatment. This customized treatment requires affordable and rapid genome sequencing.
Future X Prizes well be multi-million dollar awards for specific contests that are expected to benefit humanity.