Peter Diamandis is Chairman and CEO of the X PRIZE Foundation, a non-profit organization whose stated 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 X PRIZE is a $10 million award presented to the winners of a specific challenge set by the X PRIZE Foundation. The Foundation also conducts competitions for the X CHALLENGE, a $2.5 million award for a breakthrough in solving a certain technical problem.

Both the X PRIZE and the X CHALLENGE competitions are divided into four prize areas: Exploration (Space & Deep Ocean); Energy & Environment; Education & Global Development; and Life Sciences.

Click on this link to hear Peter Diamandis remind us of humanity’s amazing progress over the last 100 years and why abundance is our future.

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