X PRIZE Foundation Celebrates Five Years Since the Ansari X PRIZE
Win
On October 4th, 2004, the X PRIZE Foundation made international
headlines when they awarded the Ansari X PRIZE to Scaled Composites
for the successful launch of their craft,
SpaceShipOne. Inspired by the Orteig Prize, won by Charles
Lindbergh in 1927 for the successful completion of the first
non-stop flight from New York to Paris, Peter Diamandis formally
announced the X PRIZE competition in 1996.