Google offers $20M for first private mission to moon
Google is funding the Lunar X Prize, a competition that will award $20 million to the first team that lands a private unmanned spacecraft on the moon, and then broadcasts a high-definition video back to earth. Additionally, it will award two other $5 million prizes for lesser missions.
Watch the video above (RSS readers click here), where Google explains how one day the moon’s silicon soil could be used to create large solar satellites, which in… Continue Reading
VC prizes, and rocket scientists turn green
The X Prize Foundation, a group advancing safe travel in space, is soliciting venture capitalists to offer million-dollar prizes to generate ideas from entrepreneurs. It’s having a fund-raiser at Google.
The New York Times has the story, which provides a summary some of the other VC-related competitions out there. Such competitions have a long history in Silicon Valley. There are many more such competitions, not mentioned (VC firm Draper Fisher Jurvetson has regular business plan… Continue Reading