X PRIZE Foundation Takes Next Step Toward $2 Million Lunar Lander Challenge

Business Wire, Feb 22, 2006

SANTA MONICA, Calif. -- The X PRIZE Foundation (XPF) is moving forward with plans to offer a $2 million Lunar Lander Challenge (LLC) by releasing draft rules of the competition today, making them available for public comment.

The LLC was originally introduced in a Letter of Intent executed between XPF and NASA's Centennial Challenges manager, Brant Sponberg, at the 2005 X PRIZE Cup. It is planned that the challenge will take place at this year's X PRIZE CUP event on October 21-22, 2006 in Las Cruces, New Mexico.

The LLC will require a rocket capable of vertical takeoff and vertical landing to fly from one pad to another and back. The LLC is broken into two difficulty levels to maximize the interest from potential competitors while still resulting in the development of vehicles that are of value to NASA.

Any portion of the total prize money that is not won in the 2006 competition will be up for grabs at future X PRIZE CUP events.

Rules will also be designed so that the energy required for any winning flight is matched up with an actual lunar flight. The Lunar Lander Challenge rules will be made available for public comment at www.xprize.org and www.nasa.gov later today. The public, as well as, industry professionals and potential teams are encouraged to provide their ideas and comments by sending email to LLComment@xprize.org.

NASA's Centennial Challenges promotes technical innovation through a novel program of prize competitions. It is designed to tap the nation's ingenuity to make revolutionary advances to support the Vision for Space Exploration and NASA goals. NASA's Exploration Systems Mission Directorate manages the program.

On October 4, 2004, the Ansari X PRIZE proved that offering a prize for a radical breakthrough in research and development is an extremely effective catalyst towards accelerating technological growth. Based on that success, the X PRIZE Foundation is now widely recognized as the premiere prize institute in the world.

For more information on the X PRIZE Foundation visit www.xprize.org

For more information about Centennial Challenges visit: http://centennialchallenges.nasa.gov

For more information about NASA visit: http://www.nasa.gov/home/index.html