Tuesday, July 13, 2004

House Science Committee Subcommittee on Space and Aeronautics to Examine Role of Contests and Prizes in Space Exploration

chabot imageChairman of X Prize Foundation to Testify  
WASHINGTON, D.C. - On Thursday, July 15, 2004, the Subcommittee on Space and Aeronautics will hold a hearing to examine whether and how federally sponsored prizes could be an effective tool to spur innovation and encourage commercial participation in the development of advanced space technologies.
NASA has recently begun a small prize program, but has proposed that Congress provide it with authority to offer larger prizes.
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