X Prize Foundation

The X PRIZE Foundation is a non-profit organization that designs and manages public competitions intended to encourage technological development that could benefit mankind.

The X PRIZE Foundation mission is to bring about “radical breakthroughs for the benefit of humanity” through incentivized competition. It fosters high-profile competitions that motivate individuals, companies and organizations across all disciplines to develop innovative ideas and technologies that help solve the grand challenges that restrict humanity’s progress.

The most high-profile X PRIZE to date was the Ansari X PRIZE relating to spacecraft development awarded in 2004. This prize was intended to inspire research and development into technology for space exploration.

Read more about X Prize Foundation:  Background, X PRIZES, Prizes and Events Overseen, Future X PRIZES

Famous quotes containing the words prize and/or foundation:

    I prize the purity of his character as highly as I do that of hers. As a moral being, whatever it is morally wrong for her to do, it is morally wrong for him to do. The fallacious doctrine of male and female virtues has well nigh ruined all that is morally great and lovely in his character: he has been quite as deep a sufferer by it as woman, though mostly in different respects and by other processes.
    Angelina Grimké (1805–1879)

    ... in spite of everything, I still believe that people are really good at heart. I simply can’t build up my hopes on a foundation consisting of confusion, misery, and death. I see the world gradually being turned into a wilderness, I hear the ever approaching thunder, which will destroy us too, I can feel the sufferings of millions and yet, if I look up into the heavens, I think that it will all come right, that this cruelty too will end, and that peace and tranquillity will return again.
    Anne Frank (1929–1945)