XPRIZE, a US non-profit, fosters tech advancement through public competitions for global good.
Founded
1995
Location
Culver City, CA, US
Founded in 1994, XPRIZE is a US-based non-profit organization with a core mission to spur technological innovation for the betterment of humanity. The organization designs and manages public competitions that challenge teams worldwide to develop groundbreaking solutions to some of the world's most pressing problems. Their competitions span various sectors, including space exploration, environmental sustainability, and healthcare, aiming to catalyze advancements that have a significant global impact.
Notable figures affiliated with XPRIZE include founder Peter Diamandis and key investors such as Elon Musk and Larry Page. The organization has achieved significant milestones, including the successful Ansari XPRIZE for suborbital spaceflight, which spurred the private space industry. Through its high-profile competitions, XPRIZE has driven substantial progress in diverse fields, demonstrating the power of incentivized innovation to address critical global challenges.