- August 06, 2008
X PRIZE Foundation Space Initiatives
Today, October 4th, is the 5 year anniversary of the winning of the $10 million Ansari X PRIZE for spaceflight. The most important legacy and meaning of the Ansari X PRIZE on its 5 year anniversary lies in the fact that the event kicked off a new industry. In the same way that Lindberghâ€™s flight across the Atlantic in 1927 is seen as an inception point for todayâ€™s $300 Billion Aviation industry, we're extremely proud that the Ansari X PRIZE has created a new personal spaceflight industry. Not only did these historic flights culminate in a beautiful exhibition in the Smithsonian, at the entrance to the National Air & Space Museum, but much more profoundly, the winning flights by SpaceShipOne kicked off the personal spaceflight industry which has had over $1 Billion invested in it during the past 5-years. Read more here.