Headlines > News > X PRIZE Founder and Chairman Speaks at TED Global Conference in Oxford England

X PRIZE Founder and Chairman Speaks at TED Global Conference in Oxford England

Published by Sigurd De Keyser on Fri Jul 22, 2005 1:09 am
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Dr. Peter H. Diamandis discusses the use of prizes to solve Earth’s greatest challenges with the world’s leading thinkers

Santa Monica, CA (July 19, 2005) – Dr. Peter H. Diamandis spent last week brainstorming how technology will aid the future of the human race with scholars and visionaries from the around the globe at the annual TED (Technology, Entertainment and Design) conference in Oxford, England.

“TED is known to attract a community that is open to innovative approaches to business,” said Dr. Diamandis upon his return. It was this community that I wanted to reach out to while the X PRIZE Foundation is looking for new ways to benefit humanity,”

The TED conference formerly of Silicon Valley, Calif., was founded in 1984. The effort at exporting the Silicon Valley spirit was undertaken by technology entrepreneur Chris Anderson, who bought the conference in 2001 and also created the magazine Business 2.0. The driving theory behind TED is that gathering high-level thinkers from many disciplines in a single room for four days would bring new ideas to the surface. The entire event takes place in one theater, and speakers take to the stage with rock star-style headset microphones and speak in front of a large video screen.

Organizers or TED like to emphasize the ways in which technology links to other fields of human endeavor. “It was gratifying to hear that X PRIZE is a well known entity among this group of outstanding individuals and that they are as excited as I am about the great strides in human development that prizes will create,” continued Diamandis. “We are looking forward to implementing prizes that will create radical breakthroughs in many critical areas of human life such as energy, health, transportation and communications.”

The X PRIZE Foundation is an educational nonprofit prize institute whose mission is to create radical breakthroughs in space and technology for the benefit of humanity. On October 4, 2004, the X PRIZE captured world headlines when Mojave Aerospace Ventures, led by Burt Rutan and financed by Paul Allen, built and flew the world’s first private spacecraft to the edge of space to win the $10 million Ansari X PRIZE. Because of the dramatic nature of the achievement, the X PRIZE Foundation is now widely recognized as the leading model for fostering innovation through the use of competitions.

Based on the success of the Ansari X PRIZE, the Foundation has partnered with the state of New Mexico to produce the X PRIZE CUP and assist in the development of the state’s Southwestern Regional Spaceport. On April 13, 2005, New Mexico Governor Bill Richardson declared October 4 – 9, 2005 as X PRIZE CUP Week in New Mexico and during this time, tens of thousands of people will come to the state to see racing take new heights. Beginning in 2006, the X PRIZE CUP will be a week-long series of space-related events. This year’s Countdown to the X PRIZE CUP will include educational, launches, and test-flight activities, as well as aircraft fly-ins in tribute to the history of the state’s aerospace industry. The events begin this October at the Las Cruces International Airport and Alamogordo Museum of Space History in Southern New Mexico. Full details can be found at www.xprize.org.

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