
Google, an Internet search engine company has announced that it will sponsor the largest cash prize events, Google Lunar X PRIZE competition, which is also known as “Moon 2.0” competition. Google has put up a US$ 30 million in an effort to trigger a race to put the first privately financed space mission on the moon. US$ 20 million cash is credited for the team that has accomplished the task by the end of 2012, the other US$10 million is credited to the team that winning the second-place.
Google Lunar X PRIZE competition’s mission for the contestants is to land a robotic rover on the moon. To win the prize, the rover will have to travel at least 500 meter and beam back video and other data to Earth.
Google is the company that X PRIZE Foundation thinks as the best sponsor and partner. X Prize Foundation is certainly sure that they have a same common vision for opening frontiers and they optimist that a small-dedicated group of individuals can accomplish amazing feats at very minimum cost.
The is the foundation that aims to create radical breakthroughs for the benefit of humanity. The company creates and manages prize competitions that inspiring and driving innovators to solve nowadays-grand challenges. X PRIZE Foundation tries to bring revolution though competition.
The model that used by the X PRIZE contest is recognized globally as a radical innovation in private philanthropy. The company claims to be the world leader of incentives competition. X PRIZE Foundation has expanded its focus beyond space and its planning other main areas in the fields of health, energy, transportation, and education. The mission of this foundation is to transform the way people think about the problems that the world is facing and the breakthrough ways of solving them.

In 2004, X PRIZE Foundation also held the same competition called Ansari X PRIZE that was promising US$ 10 million for the first private rocket to reach into low earth orbit. Many were skeptical of the ability of prizes like this to stimulate private business to challenge efforts that were typically large government efforts. Yet, the prize was won by aerospace entrepreneur Burt Rutan, who has since joined Richard Branson to try to create a space tourism industry.
According to Sergey Brin, Google Co-Founder, Google feels honor to participate in the Google Lunar X PRIZE. He believes that in the entrepreneurial spirit there is always the ability to accomplish the most ambitious tasks. Moreover, he said that before Google has transformed into a giant Internet search engine company, Google was just a concept of a web search engine that capable to capture everything on the Internet that seemed like an unimaginable aim. Nowadays, the reality is Google able to do it.
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One Response
Google offers $10M for Android Developer Challenge by DoubleDT.com
November 12th, 2007 at 8:51 pm
1[…] to engage and encourage people to do the best for the improvement in technology. After sponsoring Google Lunar X PRIZE, the company offers US$ 10 million in prizes for people who build the best software to enhance the […]
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