INTRODUCTION TO PROGRAMS AND PROJECTS


The X Prize Foundation was established in 1994 as an educational nonprofit organization dedicated to inspiring private, entrepreneurial advancements in space travel. Through The X Prize -- an international competition that will award a $10 million cash prize to the first team who safely launches and lands a vehicle capable of transporting three people on two consecutive suborbital flights to 100 kilometers altitude -- the Foundation plans to challenge present notions that only governments can send people and cargo into space.

The X Prize has been created for one purpose: to accelerate the private development of low-cost, reusable space vehicles that will provide commercial access to space. These vehicles will enable such markets as rapid intercontinental passenger and cargo transport, space tourism, and access to the bounty of resources available in space.

The projects and programs supported by the X PRIZE Foundation are explained in the following pages.



X PRIZESM is a service mark of The X Prize Foundation, Inc.