For X-Prize Organizers, The Answer Is Millions
Entrepreneurs Anousheh Ansari and Amir Ansari, today announced a
multimillion dollar contribution to the X PRIZE Foundation which
runs an international competition among private spaceships designed
to fly the general public into space. On this day, the 43rd
anniversary of astronaut Alan Shepard's suborbital flight into
space, the X PRIZE competition is being renamed the ANSARI X PRIZE
Competition to reflect the newly-established title sponsorship. The
ANSARI X PRIZE is modeled after the $25,000 Orteig Prize won by
Charles Lindbergh in 1927 for his historic flight from New York to
Paris.