X Prize raises money, adds competitors
Posted: Thu, Oct 17, 2002, 7:43 AM ET (1143 GMT)
The X Prize, a competition designed to foster the develop of a new generation of reusable suborbital vehicles, has added two new teams while claiming it has raised the full $10 million purse. SPACE.com reported Wednesday that X Prize chairman Peter Diamandis told World Space Congress attendees that the prize has secured its full $10 million award, something the prize had been trying to do for over five years. The money is available now and is secure at least through the end of 2004. The $10 million will go to the team that is the first to fly a privately-developed vehicle capable of carrying three people that flies to an altitude of 100 km twice in a two-week period. Two teams were officially added to the competition on Wednesday: Aeronautics and Cosmonautics Romanian Association (ARCA) and Armadillo Aerospace. Another X Prize competitor, Pablo De Leon and Associates of Argentina, is planning a launch of a half-scale version of its vehicle in 2003.
The X Prize, a competition designed to foster the develop of a new generation of reusable suborbital vehicles, has added two new teams while claiming it has raised the full $10 million purse. SPACE.com reported Wednesday that X Prize chairman Peter Diamandis told World Space Congress attendees that the prize has secured its full $10 million award, something the prize had been trying to do for over five years. The money is available now and is secure at least through the end of 2004. The $10 million will go to the team that is the first to fly a privately-developed vehicle capable of carrying three people that flies to an altitude of 100 km twice in a two-week period. Two teams were officially added to the competition on Wednesday: Aeronautics and Cosmonautics Romanian Association (ARCA) and Armadillo Aerospace. Another X Prize competitor, Pablo De Leon and Associates of Argentina, is planning a launch of a half-scale version of its vehicle in 2003.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Sunday, January 25
How Elon Musk’s Starlink is beating Iran’s internet blackout
The Daily Telegraph — 7:19 am ET (1219 GMT) Falcon 9 Rocket Launch Scheduled Sunday Morning from Vandenberg
KEYT-TV Santa Barbara, CA — 7:18 am ET (1218 GMT) SpaceX to launch Starlink mission from Vandenberg Sunday morning
Lompoc Record — 7:18 am ET (1218 GMT) SpaceX Launch Scheduled for Sunday Morning from Vandenberg SFB
Santa Barbara (CA) Edhat — 7:17 am ET (1217 GMT) Space Futures Within Range: How Aerospace Supports U.S. Spaceport Modernization
Aerospace Corporation — 7:15 am ET (1215 GMT) |
