2004 Ansari X Prize
The original Ansari X Prize was a US$10,000,000 prize, offered by the X Prize Foundation, for the first non-government organization to launch a reusable manned spacecraft into space twice within two weeks. It was modeled after early 20th-century aviation prizes, and aimed to spur development of low-cost spaceflight. The prize was won on October 4, 2004, the 47th anniversary of the Sputnik 1 launch, by the Tier One project using the experimental spaceplane SpaceShipOne.
The success and popularity of this event lead to the following events which were called the X-PRIZE Cup.
Read more about this topic: X Prize Cup
Famous quotes containing the word prize:
“What we have we prize not to the worth
Whiles we enjoy it, but being lacked and lost,
Why, then we rack the value, then we find
The virtue that possession would not show us
Whiles it was ours.”
—William Shakespeare (1564–1616)