History of XPRIZE

Since 1994, XPRIZE has designed and launched seventeen prizes in the domain areas of Space, Oceans, Learning, Health, Energy, Environment, Transportation, Safety and Robotics.

Our first XPRIZE, the $10 million Ansari XPRIZE for private spaceflight, spurred an industry and created exponential breakthroughs. Since then we have launched over $140 million in prize purses, including the $10 million Global Learning XPRIZE, the $10 million Qualcomm Tricorder XPRIZE, and the $1.4 million Wendy Schmidt Oil Cleanup XPRIZE.

Each of these prizes has created an industry-changing technology that brings us closer to a better, safer, more sustainable world.

Why Prizes?

We use large-scale global incentive competitions to crowdsource solutions to the world's grand challenges.

We believe that solutions can come from anyone, anywhere. Scientists, engineers, academics, entrepreneurs and other innovators with new ideas from all over the world are invited to form teams and compete to win the prize. Rather than throw money at a problem, we incentivize the solution and challenge the world to solve it.

The incentive prize contest has existed for centuries. From the inception of the Magellan prize in 1786, through the Orteig prize that compelled Charles Lindbergh to fly across the Atlantic, prizes have ignited passions and brought about breakthroughs that no one thought possible.

Mission: Abundance

The mission of XPRIZE is to clearly articulate a vision of a preferred and positive future across a set of domains, identify a roadmap of breakthroughs needed to get there, and establish the incentive competitions that will focus the resources, talent and technology required to enable those breakthroughs and accelerate that future.

We want to inspire and guide innovators to create breakthroughs enabling a world of abundance -- a world where every man, woman and child can access all the energy, clean drinking water, shelter, education and healthcare they require.