WTN X Prize
Encyclopedia
The WTN X Prizes are a series of upcoming prizes inspired by the Ansari X-Prize but will cover all areas of science and technology.

It was first formally announced by 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...

 of the X Prize Foundation
X Prize Foundation
The X PRIZE Foundation is a non-profit organization that designs and manages public competitions intended to encourage technological development that could benefit mankind....

 and James P. Clark of the World Technology Network on October 7, 2004 at the WTN's 2004 World Technology Summit & Awards. A series of X-Prizes are planned inspired by the Ansari X Prize
Ansari X Prize
The Ansari X Prize was a space competition in which the X Prize Foundation offered a US$10,000,000 prize for the first non-government organization to launch a reusable manned spacecraft into space twice within two weeks...

but tackling other areas in science and technology. In the next 6 months the prizes will be chosen. They will be based upon pressing global needs that can be realistically solved in the next 5 - 10 years. Prizes are expected to be in the tens of millions of dollars.
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