The non-profit X PRIZE Foundation sponsors high-profile competitions to encourage the development of breakthrough technologies for the benefit of humanity. The Foundation awards multi-million dollar prizes in an effort to spur innovation in the fields of education, life sciences, global entrepreneurship and space exploration.
X Prizes
- Challenge: Construction of a private spaceship
- Prize: $10M
- Winner: Burt Rutan (October 2004)
- Challenge: Successfully sequence 100 anonymous human genomes in 10 days at a recurring cost of no more than $10,000 per genome
- Prize: $10M
- Winner: No winner as of 2009
Progressive Automotive X Prize:
- Challenge: Designing and building a super-efficient, commercially viable vehicle that will achieve 100 MPG
- Prize: $7.5M (mainstream); $2.5 (alternate class)
- Winner: No winner as of 2009
- Challenge: Successfully launching, landing and operating a rover on the lunar surface
- Prize: $20M
- Winner: No winner as of 2009
Featured Video
Should we give $20M loans to each of the top 50 companies in the X Prize instead of a billion to GM?(11 Answers)
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Yes, great idea! The Automotive X-Prize, the foundation of which will award $10 million from Progressive Insurance to the winner of its competition to design a production-viable car ...
Can I find Robert Hass's poetry at the Poetry Foundation?(0 Answers)
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References
Fast Facts
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Founder
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Established
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HQ
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Mission
To bring radical breakthroughs for the benefit of humanity[X PRIZE Foundation: Our Mission
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Model
Orteig Prize, which offered $25,000 in 1919 for the first non-stop flight between New York and Paris
