Wed, Mar 03, 2010
On October 4th, 2004, the X PRIZE Foundation made international
headlines when they awarded the Ansari X PRIZE to Scaled Composites
for the successful launch of their craft, SpaceShipOne. Inspired by
the Orteig Prize, won by Charles Lindbergh in 1927 for the
successful completion of the first non-stop flight from New York to
Paris, Peter Diamandis formally announced the X PRIZE competition
in 1996.
The competition offered the largest incentive prize in history,
a stunning $10 million dollar award, to the first non-government
organization to launch a reusable manned spacecraft 100 kilometers
above the earth’s surface twice within two weeks.
26 different teams representing 7 nations around the world
competed for the prize. Finally, on the 47th anniversary of the
Sputnik 1 launch, the Tier One Project, led by Scaled
Composites’ aerospace designer Burt Rutan and financed by
Microsoft co-founder Paul Allen, successfully completed the second
of the two necessary launches.
Though $10 million dollars was awarded to the team, the 26
participating teams invested more than $100 million dollars in
total towards new technologies in pursuit of the prize. Since the
success of the Ansari X Prize, more than $1.5 billion dollars has
been invested towards the private spaceflight industry.
Piloting the historic second flight was former Navy test pilot
Brian Binnie. After graduating from the U.S. Navy’s Test
Pilot School, Binnie dedicated over 20 years of Naval Service in
the Strike-Fighter community. Through the years, he logged over
4,600 hours in 59 different aircraft. With an educational
background including a B.S. in Aerospace Engineering and an M.S. in
Fluid Mechanics and Thermodynamics from Brown University, as well
as an M.S. in Aeronautical Engineering from Princeton University,
Binnie proves himself not just as a talented test pilot, but also
as an essential component for Burt Rutan and Virgin
Galactic’s Richard Branson as they push ahead with
SpaceShipTwo. Join Aero-TV as Brian Binnie reflects on what is to
come for the commercial space industry.
More News
07.25.24: King Schools Expansion, Avilution Update, Gogo Communicates!, Pelton Int'vw-Part 4 The annual Meet The Administrator event was not what we hoped for. The Administrator di>[...]
07.25.24: King Schools Expansion, Avilution Update, Gogo Communicates!, Pelton Int'vw-Part 4 The annual Meet The Administrator event was not what we hoped for. The Administrator di>[...]
Aero Linx: United Flying Octogenarians Who are the United Flying Octogenarians (UFO)? We are an international group of more than 1700 pilots who have acted as a certificated PIC on>[...]
How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]
07.23.24: VerdeGo Powers Up, Frecce Tricolori, Pelton Int'vw - Part 2: MOSAIC!!!! They flew the Samson Sky earlier this year… and the data is yielding some exciting updates >[...]
Airborne Oshkosh24 Day 4: Meet The Admin--NOT, MOSAIC For Osh25?, Med Logjam
See All