Knowledge Problem

Spacecraft Wins $10 Million Ansari X Prize

Michael Giberson

From Technology News:

The second private space flight in a week piloted by history’s second civilian astronaut was worth US$10 million today as the Paul Allen-funded SpaceShipOne (SS1) touched the edge of space and returned to Earth winner of the Ansari X Prize.

In addition to its historical significance with respect to private space travel, the event fixes another data point in the competition between prizes and other ways to motivate innovation.