A space competition is an inducement prize contest offering a prize to be given to the first competitor who demonstrates a space vehicle, or a space exploration apparatus, which meets a set of pre-established criteria. It spurs pioneering development in private spaceflight.
Read more about Space Competition: X PRIZE, Google Lunar X Prize, America's Space Prize, Other, Sub-million Dollar Prizes
Famous quotes containing the words space and/or competition:
“It is the space inside that gives the drum its sound.”
—Hawaiian saying no. 1189, ‘lelo No’Eau, collected, translated, and annotated by Mary Kawena Pukui, Bishop Museum Press, Hawaii (1983)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)