The X-Prize Foundation, has been established to find private benefactors, to provide $10 million funding to award to the first private team, to build a re-useable space craft to carry three people on a sub-orbital space-flight, "...doing for space what the Orteig Prize, "won by Lindbergh" did for aviation", say the organisers. The X Prize will be launched in St Louis, Missouri on 18 May.

 

Source: Flight International

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