The $10 million Ansari XPRIZE was a competition to build a spacecraft capable of carrying three people to 100 kilometers above the earth's surface twice within two weeks. The $10 million purse was won by famed aerospace designer Burt Rutan and his company, Scaled Composite. Together, 26 teams from seven nations spent more than $100 million to win the prize. Since SpaceShipOne won the prize, there has been more than $1.5 billion dollars in public and private expenditure in support of the private spaceflight industry. To learn more, click here.
This prize was made possible by a generous grant from the Ansari family.