Our mission is to inspire and empower humanity to achieve breakthroughs that accelerate an abundant and equitable future for all.
Every single day we’re working to create a better world, a world of infinite possibilities. A more hopeful future for all. A world where everyone’s days are spent imagining, creating, and collaborating, not fearing and fighting. A world where everyone has access to clean water, nutritious food, affordable housing, effective learning, top-tier medical care and non-polluting, abundant energy.
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Last updated: 1.18.24
Our first XPRIZE, the $10 million Ansari XPRIZE for private spaceflight, created exponential breakthroughs, spurring the commercial spaceflight industry, inspiring the launch of pioneering companies and household names such as Virgin Galactic, Blue Origin and SpaceX. Since then we have launched over $140 million in prize purses, including the $15 million Global Learning XPRIZE, the $10 million Qualcomm Tricorder XPRIZE, and the $1.4 million Wendy Schmidt Oil Cleanup XPRIZE.
Each of these prizes has created an industry-changing technology that brings us closer to a better, safer, more sustainable world.
Our 501(c)(3) nonprofit work of the last 25+ years has been solving some of the world’s greatest challenges and catalyzing global impact in three core areas:
Piercing New Frontiers; including inspiring the multi-billion dollar space industry,
Securing a Healthy Planet; through healing our oceans, creating water from thin air and
Unleashing Human Potential; by empowering global learning and transforming personal healthcare.
Incentive prize contests have existed for centuries. Rather than throw money at a problem, it’s possible to incentivize the solution, inspiring and challenging the global crowd to solve it. From the inception of the Longitude prize in 1714, through the Orteig prize that compelled Charles Lindbergh to fly across the Atlantic, prizes have ignited passions and brought about breakthroughs that no one thought possible. At XPRIZE we believe that solutions can come from anyone, anywhere. Scientists, engineers, academics, entrepreneurs and other innovators with new ideas from all over the world are invited to form teams and compete to win the prize.
Over the last 200 years technology has been a force converting scarcity into abundance, in almost every area from food, water, energy, healthcare, education and communications. We have seen constant progress towards a world of abundance and the mission of XPRIZE is to inspire and guide innovators and to establish the incentive competitions that will focus the resources, talent and technology to create breakthroughs to accelerate this world of abundance — a hopeful world where every man, woman and child can access all the energy, clean drinking water, shelter, education and healthcare they require.