NEW MEXICO LEGISLATURE APPROVES $9M FOR X PRIZE CUP

The New Mexico Legislature, shortly before it adjourned on Feb. 19, approved the conditional use of $9 million to help stage the X Prize Cup if New Mexico is selected by the PRIZE Foundation. New Mexico and Florida are the remaining two states competing to become the location where teams and companies will compete in a yearly event to promote private space travel. The final decision as to where the annual competition will be held will be made soon by the X PRIZE Foundation. For the complete story, click here.