The X PRIZE Foundation is an educational 501(c)(3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. The Foundation addresses the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.
The X PRIZE Foundation conducts competitions in five Prize Groups: Education; Global Development; Energy & Environment; Life Sciences; and Exploration. It is a U.S.-based organization led by Chairman and CEO Dr. Peter H. Diamandis and Vice Chairman and President Robert K. Weiss, as well as governed by a group of visionary leaders including the Board of Trustees, Vision Circle members, Spirit of Innovation members, corporate partners and sponsors. Today, the X PRIZE Foundation is widely recognized as the leader in fostering innovation through incentivized competition.
Imagine a portable, wireless device in the palm of your hand that monitors and diagnoses your health conditions. That's the technology envisioned by this competition, and it will allow unprecedented access to personal health metrics. The end result: Radical innovation in healthcare that will give individuals far greater choices in when, where, and how they receive care.
The Google Lunar X PRIZE is a $30 million international competition to safely land a robot on the surface of the Moon, travel 500 meters over the lunar surface, and send images and data back to the Earth. Teams must be at least 90% privately funded and must be registered to compete by December 31, 2010. The final deadline for winning the prize is December 31, 2014.
The Archon Genomics X PRIZE presented by Express Scripts is an incentivized Prize Competition, with $10 Million to be awarded to the first Team to design and build a rapid and inexpensive technology proving they can accurately sequence the whole human genome.
Fully understand our entire human genome will be a powerful tool for medical applications, much like the progression from the X Ray machine to the MRI scan changed diagnostic procedures. When doctors are able to analyze your unique genetic blueprint together you can make informed decisions about your personal health care.
By decoding secrets locked away in the human genome, therapies and drugs may be developed creating radical medical breakthroughs for the benefit of humanity.
Envision a future where everyone has access to affordable, personalized healthcare through sophisticated sensing technologies that put you in charge of your own health. Where sensors and devices recognize and measure your personal health information, provide insights and recommendations relevant to you and communicate that information to your physician. That's the aim of this competition: a whole new level of personalized, digital health information.
It is a $1.4 Million competition designed to inspire a new generation of innovative solutions that will speed the pace of cleaning up seawater surface oil resulting from spillage from ocean platforms, tankers, and other sources.
The Progressive Insurance Automotive X PRIZE is intended to inspire a new generation of viable, super efficient vehicles that help break our addiction to oil and stem the effects of climate change. The competition aims to produce vehicles that can deliver at least 100mpg equivalent.
The X PRIZE Foundation creates and manages prizes that drive innovators to solve some of the greatest challenges facing the world today.
With the success of the Ansari X PRIZE, the X PRIZE is now viewed as the leading model to leverage the elements of public interest, entrepreneurial spirit and cross-disciplinary innovation to bring about breakthroughs that benefit us all.
We believe that a small group of people with passion for a cause can achieve that which has never been attained. This is why we stage competitions that challenge issues that matter
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