Who We Are
The X PRIZE Foundation is an educational (501c3) nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity, thereby inspiring the formation of new industries and the revitalization of markets that are currently stuck due to existing failures or a commonly held belief that a solution is not possible. The Foundation addresses the world’s Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. It motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital.
The X PRIZE Foundation conducts competitions in four Prize Groups: Education & Global Development; Energy & Environment; Life Sciences; and Exploration (Ocean & Deep Space). It is a US-based organization led by Chairman & CEO, Dr. Peter H. Diamandisand Co-Chairman & President, Robert K. Weiss, as well as governed by a group of visionary leaders including the Board of Trustees, Vision Circle members, Spirit of Innovation members, corporate partners and sponsors. Today, the X PRIZE Foundation is widely recognized as the leader in fostering innovation through incentivized competition.
- In this photo (l to r): Lieutenant Governor Gavin Newsom and wife Jennifer; Lucy and Larry Page; and Dr. Peter H. Diamandis at the Radical Benefit for Humanity event
- In this photo (l to r): Naveen Jain, Diane Murphy, Dean Kamen, Amir Ansari, and Najdi Rafaty at the welcoming reception for a recent X PRIZE Foundation event
- In this photo: Jennine Dwyer of X PRIZE Foundation provides Sponsorship Services at the Progressive Insurance Automotive X PRIZE
- In this photo (l to r): Gil and Elyssa Elbaz with Meghan Murphy at a recent X PRIZE Foundation fundraiser event
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