13 Jul A Prize to Save Lives
Melinda Moree, The Huffington Post
Say the word ‘prize,’ and most people think of gold medals, blue ribbons and carnival games. But prizes are not just for country fairs.
Throughout history, prizes have solved some of the world’s toughest scientific and technological challenges. In 1765, a clockmaker won a £10,000 prize when he invented a way to measure longitude at sea. Nearly 250 years later, a team of inventors won a $10 million ‘X-Prize’ when they developed a commercial spacecraft.