Tag archive: X Prize

NGL was initially selected for the eSpace incubator program last April. Based upon NGL's continuing progress, including their recent NASA Innovative Lunar Data Demonstrations contract award, the eSpace board approved a second round of funding. NGL is a team of aerospace engineers partnered with leading aerospace to provide commercial access to the moon. The team is designing a system for taking small payloads to the moon… Read More

The X Prize Foundation is best known for fueling private industry space flight, with the Ansari X-Prize giving rise the the technology that's building Virgin Galactic's forthcoming orbital service, and partnering with Google to launch a $30 million competition for the first privately-funded team to get a robot on the moon. Now, the organization has launched a far more down-to-earth contest: the Wendy Schmidt Oil Cleanup X… Read More

Google is offering a total of $30 million in prizes to any private company that can land a robot rover on the moon.   The company has decided to team withthe X-Prize Foundation in an attempt to spur the robotic exploration of space. That’s a long way from Internet searches, but there’s no doubt that thecompany has money to spend.   The X-Prize Foundation has a history of offering scientific prizes. The first was $10million… Read More

Online DVD rental service Netflix has announced the Netflix Prize, a $1 million contest to improve the accuracy of the service's movie recommendation service. “Recommendation systems covering a wide variety of categories will play an increasingly significant commercial role in the future,” said Reed Hastings, Netflix's Chairman and CEO. “Right now, we're driving the Model T version of what is possible.… Read More