October 20, 2004
WTN X-Prize
Now that the X-prize has fallen [see this entry], the World Technology Network has taken up the X-prize banner and is looking for other interesting challenges. Keep an eye on this as it might become more interesting in the next few years.
Posted by elkaim at October 20, 2004 4:37 PMThe concept of the WTN X PRIZES is to utilize the concepts, procedures, technologies and publicity developed X PRIZE Foundation's Ansari X PRIZE competition for space and the global science and technology innovators identification process and community developed by the World Technology Network (WTN) to launch a series of technology prizes seeking to meet the greatest challenges facing humanity in the 21st century.
The X PRIZE competition focused on jumpstarting a private space industry has re-proven the principle – strongly proven in the early years of the 20th century for the aviation industry – that innovation can indeed be catalyzed. That principle can and should be extended to other global challenges and opportunities and together we at the World Technology Network (WTN) and the X PRIZE Foundation are committed to doing just that.