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Wednesday, March 24, 2004
PETER DIAMANDIS TO GIVE TESTIMONY TO PRESIDENTIAL COMMISSION TODAY
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Mr. Chairman, members of the Commission, it’s my honor to be here.
Today I wish to brief you on three subjects: First, the X PRIZE Competition; Second, the critical need to support an emerging new crop of space entrepreneurs; and third, the need to embrace an increased level of risk in our exploration of space. X PRIZE:
There is little doubt that there is a large and vibrant marketplace of individuals willing to pay for the opportunity to fly into space. Most recent surveys consistently indicate that over 60% of the U.S. public would welcome the opportunity to take such a trip, and the most recent Futron study quantifies this public spaceflight market at over $1 billion dollars per year during the next twenty years. Read More (Word Document)
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