XPRIZE
Founded in 1995, XPRIZE is the leading organization solving 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.
The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity.
XPRIZE conducts competitions in five prize groups: Learning, Exploration, Energy and Environment, Global Development, and Life Sciences.
Active prizes include the $30 million Google Lunar XPRIZE, the $10 Million Qualcomm Tricorder XPRIZE, the $15 million Global Learning XPRIZE, and the $7 million Barbara Bush Adult Literacy XPRIZE.
Selected Awardees:
2015: Wendy Schmidt Ocean Health XPRIZE
• Sunburst Sensors, $1.5 million
• ANB Sensors, $250,000
• Team DuraFET, $250,000
2011: Wendy Schmidt Oil Clean Up X Challenge
• Team Elastec/American Marine, $1 million
• Team NOFI, $300,000
2010: Progressive Insurance Automotive Insurance X PRIZE
• Edison2, $5 million
• X-Tracer, $2.5 million
• Li-on Motors, $2.5 million
2008: Northrup Grumman Lunar Lander Challenge
• Armadillo Aerospace, $350,000
2004: Ansari X PRIZE (Space Exploration)
• Scaled Composites, $10 million
Established:
1995
Administrator:
Dr. Peter H. Diamandis, M.D.
Chairman & CEO
Location:
Playa Vista
Eligibilty:
Global
Prize Amount:
$2.5 million+