Archon X Prize

Archon X Prize

The Archon Genomics X PRIZE presented by Express Scripts for Genomics, the second X Prize to be offered by the X Prize Foundation, based in Playa Vista, California, was announced on October 4, 2006. The Archon X Prize in genomics began as a joint effort of the X Prize Foundation and the J. Craig Venter Science Foundation. The J. Craig Venter Science Foundation offered the $500,000 (US) Innovation in Genomics Science and Technology Prize in September 2003 aimed at stimulating development of less expensive and faster sequencing technology. To attract even more resources to this goal, Dr. Venter joined forces with the X Prize Foundation, wrapping his competition and prize purse into its current incarnation, The Archon Genomics X Prize presented by Express Scripts.

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Archon X Prize - Overview
... The US$10 million prize is to be awarded to "the first Team that can build a whole human genome sequencing device and use it to sequence 100 human genomes within 30 ... The name "Archon" is the name of Blusson's company, which refers to the type of lithosphere beneath northern Canada ...

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