Headlines > News > PETER DIAMANDIS TO GIVE TESTIMONY TO PRESIDENTIAL COMMISSION TODAY

PETER DIAMANDIS TO GIVE TESTIMONY TO PRESIDENTIAL COMMISSION TODAY

Published by spacecowboy on Wed Mar 24, 2004 3:59 am
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chabot imageX Prize President Peter Diamandis will be speaking to the ‘Presidential Commission for Moon, Mars and Beyond’ in Atlanta today. To download and read his testimony, click here.
Mr. Chairman, members of the Commission, it’s my honor to be here.
Today I wish to brief you on three subjects: First, the X PRIZE Competition; Second, the critical need to support an emerging new crop of space entrepreneurs; and third, the need to embrace an increased level of risk in our exploration of space. X PRIZE:
There is little doubt that there is a large and vibrant marketplace of individuals willing to pay for the opportunity to fly into space. Most recent surveys consistently indicate that over 60% of the U.S. public would welcome the opportunity to take such a trip, and the most recent Futron study quantifies this public spaceflight market at over $1 billion dollars per year during the next twenty years. Read More (Word Document)

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