peter diamandis

In the genomics world, we are supporting Craig Venter's original vision of getting an ability to have gene sequencing occur for the masses. While we have a single genome sequenced, the real benefits for humanity come when there are tens of thousands of genomes sequenced and the computing power available today can correlate certain sequences with certain diseases or drug interactions.

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It will be a couple of weeks about speed and excitement...technology and adventure for the whole family.

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You have raised a tide that will bring billions of dollars into the industry and fund other teams to compete. We will begin a new era of spaceflight.

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The New Mexico proposal was stronger, specifically on the strength of their financial bid. Governor Richardson is personally very excited about the whole space business and about building New Mexico into a central hub for public spaceflight.

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We expect that the first X Prize Cup will actually occur in the summer of 2006. We have a couple of years to get the infrastructure in place. We're basically creating a new business model for the whole space business including media, sponsorships...and the X Prize Cup is an important part of that.

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New aerospace technologies coupled with the spirit of competition will not only extend the boundaries of entertainment, but continue the public's appetite for space ignited a year ago when the Ansari X-Prize was awarded.

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This past fall, Zero-G was used in the premiere of season two of the TV show 'The Biggest Loser.' For this airing the producers created a competition where teams needed to gather colored plastic balls that were released and floated free. It was a very successful competition with great visuals.

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Prizes change the public perception about an issue. The more prize money, the more the issue is seen as important by the public.

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This is where innovation begins. It's all part of the sameamission, which is to make space personally accessible to the public.

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Space for far too long has been something we just see on TV or read about, and not something that we can personally participate in. And that's what our goal is here, to make it something you can personally get involved in.

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We are very proud of our partnership with New Mexico, Las Cruses and Governor Richardson. We're working to make the X Prize Cup an exciting annual event that will move the industry forward at the same time that it allows the public to personally participate in the future of the personal spaceflight revolution.

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Clearly there is room for a number of locations for suborbital personal spaceflight. If all goes well, this will be a rising tide that lifts many spaceports, and for the first time enables a true commercial market.

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There is a tremendous economy of scale when you can manage multiple prizes though a single organization a since after a prize is announced, there is a lot of waiting and coaching until the teams start making attempts.

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In one sense, the X Prize has already succeeded. We've sparked a diverse set of vehicles that are being tested and built. Secondly, we've got people excited about this market place.

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From my standpoint, I think watching World Wrestling Entertainment where the competitors are wresting both during the zero-G and 1.8-G portions of flight could be a lot of fun.

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so important to the future of space exploration and space travel.

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Today we have made history. Today we go to the stars.

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We're creating an event that has multiple things happening over two-weeks and during a fixed period of time. There's going to be lots going on.

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You're flying at an altitude that you wouldn't be able to use a parachute. The safest thing to do -- if there's a problem -- is to come back and land, just like a regular flight would.

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We need to be willing to take risks we were willing to at the beginning of space exploration and every other frontier, ... We're not going to have these breakthroughs until we have a profitable industry.

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Our hope is that the X Prize Cup activities will help bring suborbital tourism operators to the southern New Mexico site for year-round passenger launch operations.

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