Peter Diamandis on the X-Prize

September 24, 2012| Space|2 Minutes|By AAG

When Burt Rutan’s SpaceShip One won the X-Prize, many people thought the contest was over. That’s not the case, though, and the X-Prize organization is growing & diversifying. Peter Diamandis joins us to discuss the future of the X-Prize and the innovators who made the dream of private spaceflight a reality.

“The objectives of the X-PRIZE are well known to all those involved: my goal is to use the X PRIZE Foundation to keep pushing the boundaries of human exploration. There will be other prizes, and other efforts to move humanity past the Earth’s boundaries out into space. There is sufficient public worldwide demand to launch this new industry, but in the beginning, as with any new technology, the price will be high, affordable by only a small number of people. A market survey recently completed by FUTRON Corporation indicated that the marketplace for sub-orbital launches was as large as 15,000 people per year paying between $50,000 and $98,000.

The X-PRIZE and the other companies I have founded and co-founded (Space Adventures, Zero Gravity Corporation, International Space University) are all focused on making space available to the general public… and not just a few government trained astronauts. If we can begin a true, profitable industry in this arena, the prices will come down and the availability of access to space will increase where it will eventually become an arena accessible to most people.”– Peter Diamandis

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