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Logo-xprize.png
Founded1995
FocusPublic competitions
Location
Area served
Energy and environment, exploration, global development, learning, life sciences
MethodRevolution through competition
OwnerPeter Diamandis
Key people
Peter Diamandis, Founder and Executive Chairman
Robert K. Weiss, Vice Chairman
Anousheh Ansari, CEO
Websitewww.xprize.org
Formerly called
XPRIZE Foundation

XPRIZE is a nonprofit organization that designs and manages public competitions intended to encourage technological development that could benefit humanity. Their Board of Trustees include James Cameron, Larry Page, Arianna Huffington, Ratan Tata among others.

The XPRIZE mission is to bring about "radical breakthroughs for the benefit of humanity" through incentivized competition. It fosters high-profile competitions to 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 highest-profile XPRIZE 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.

Background