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Auto X Prize wins $5.5 million from DOE for its own prize-giving contest external link

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Autoblog | by Sebastian Blanco | Mon, Nov 2

Autoblog is the #4 Blogger for X Prize Foundation

While the Automotive X Prize's raison d'être is to give out money to the best high-mileage vehicles and business plans in the $10 million contest, as the saying goes, it takes money to give out money. To that end, the AXP announced today that it has received $5.5 million from the U.S. Department...

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1 bloggers weighed in on a similar topic

3 Months Ago, Michael Timmons from xprize.org says (in Progressive Insurance Automotive X PRIZE to Receive up to $5.5 Million in Funding from U.S. Department of Energy) The X PRIZE Foundation is an educational nonprofit prize institute whose mission is to create radical breakthroughs for the benefit of humanity. In 2004, the Foundation captured world headlines when Burt Rutan, backed by Microsoft co-founder Paul Allen, built and flew the world's fir...

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