spacetoday.net: space news from around the webin association with SpaceNews


X Prize renamed to reflect major new donation
Posted: Wed, May 5, 2004, 2:01 PM ET (1801 GMT)
X Prize The X Prize, a $10-million prize for commercial suborbital RLVs, announced a major new donation and corresponding name change on Wednesday. The prize foundation said it had received a multimillion-dollar donation from Iranian-born entrepreneurs Anousheh Ansari and Amir Ansari. The exact size of the donation was not announced. To recognize the donation, the prize foundation said the prize would be renamed the Ansari X Prize Competition. The donation is the second major deal the prize has announced in as any months: in March the foundation inked a "seven-figure" sponsorship deal with the Champ Car World Series racing circuit. The Ansari X Prize offers the $10-million prize to the first commercially-developed suborbital RLV capable of carrying three people that flies to 100 kilometers altitude twice in a two-week period. The actual prize money is secured through an insurance policy that expires at the end of this year.
Related Links:
<<previous article   next article>>
news in brief
Starship explodes during preparations for static-fire test
Posted: Sun, Jun 22 6:52 AM ET (1052 GMT)

French government leads investment in Eutelsat
Posted: Sat, Jun 21 8:38 AM ET (1238 GMT)

NASA further delays Ax-4 launch
Posted: Sat, Jun 21 8:34 AM ET (1234 GMT)

news links
Thursday, June 26


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list