X PRIZE IS PLEASED TO ANNOUNCE THAT NASA'S FISCAL YEAR 2005 BUDGET INCLUDES $20 MILLION IN COMPETITIVE PRIZES CALLED "CENTENNIAL CHALLENGES." X PRIZE

CENTENNIAL CHALLENGES
“[This] request includes funding to establish a series of annual prizes for revolutionary, breakthrough accomplishments that advance exploration of the solar system and beyond and other NASA goals. Some of the most difficult technical challenges to exploration will require very novel solutions from non-traditional sources of innovation. By making awards based on actual achievements instead of proposals, NASA will tap innovators in academia, industry, and the public who do not normally work on NASA issues. Centential Challenges will be modeled on past successes, including 19th century navigation prizes, early 20th century aviation prizes, and more recent prizes offered by the U.S. government and private sector. Examples of potential Centennial Challenges include very-low-cost space missions, contests to demonstrate highly mobile, capable, and survivable robotic systems, and fundamental advances in technical areas like lander navigation, spacecraft power systems, life detection sensors, and nano-materials.”