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
|
|
Senate committee advances Isaacman nomination to lead NASA
Posted: Sun, May 4 10:23 AM ET (1423 GMT) |
|
news links
|
|
Friday, May 9
Starlink’s launch in India now a matter of when, not if
TechCrunch — 6:27 am ET (1027 GMT) Musk’s Starlink Edges Closer to India Launch with Government Approval
IndUS Business Journal — 6:26 am ET (1026 GMT) SPACECOM Wants to Be Dynamic in Orbit. The Question Is How
Air and Space Forces Magazine — 6:24 am ET (1024 GMT) 'Ludicrous': Why South Texas locals have beef with FAA over Starbase launches
San Antonio Express-News — 6:23 am ET (1023 GMT) Italy’s Air Force chief champions commercial satellite integration
Decode39 — 6:23 am ET (1023 GMT) |
