Heinlein Prize for Advances in Space Commercialization
Encyclopedia
The Heinlein Prize for Advances in Space Commercialization, generally known as the Heinlein Prize, was founded in 1988 to reward individuals who make practical contributions to the commercialization of space. The Heinlein Prize, offers a cash award of $500,000 to one or more individuals for practical accomplishments in the field of commercial space activities rewarded by the International Aeronautical Congress in Bremen
Bremen
The City Municipality of Bremen is a Hanseatic city in northwestern Germany. A commercial and industrial city with a major port on the river Weser, Bremen is part of the Bremen-Oldenburg metropolitan area . Bremen is the second most populous city in North Germany and tenth in Germany.Bremen is...

, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

.

Trustees for the award emphasize that the prize, which will be given as often as annually, is for effort by an individual or group of people, not government or corporate sponsored activities, and is intended to be worldwide in scope. The prize is awarded every July.

The Heinlein Prize honors the memory of Robert A. Heinlein
Robert A. Heinlein
Robert Anson Heinlein was an American science fiction writer. Often called the "dean of science fiction writers", he was one of the most influential and controversial authors of the genre. He set a standard for science and engineering plausibility and helped to raise the genre's standards of...

, one of the most popular science fiction
Science fiction
Science fiction is a genre of fiction dealing with imaginary but more or less plausible content such as future settings, futuristic science and technology, space travel, aliens, and paranormal abilities...

 writers of the 20th century. The trust was established soon after his death in 1988 by his widow, Virginia Gerstenfeld Heinlein
Virginia Heinlein
Virginia "Ginny" Heinlein , born Virginia Doris Gerstenfeld, was the third wife of Robert A. Heinlein, a prominent and successful author once known as one of the "Big Three" of science fiction .Born to George and Jeanne Gerstenfeld, Virginia was raised in Brooklyn and had one brother, Leon...

, whose estate will fund the prize.

Winners

2006 - Peter Diamandis
Peter Diamandis
Dr. Peter H. Diamandis , of Greek immigrant parents, is considered a key figure in the development of the personal spaceflight industry, having created many space-related businesses or organizations...

, for accomplishments in commercial space activities

2011 - Elon Musk
Elon Musk
Elon Musk is an American engineer and entrepreneur heritage best known for co-founding PayPal, SpaceX and Tesla Motors. He is currently the CEO and CTO of SpaceX, CEO and Product Architect of Tesla Motors and Chairman of SolarCity...

, for advances in space commercialization
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