New and innovative spaceships will be created in pursuit of the prize. These vehicles will enable such markets as rapid intercontinental passenger and cargo transport, space tourism, and access to the bounty of resources available in space. Structured competition provides a focus, a point of light, a clearly defined finishing line to tempt those who dare to achieve that which has not been done before.
Prizes help to focus unfocused energy.
They provide a spirit of competition which has been one of the most important driving forces since the dawn of humanity. These prizes had the effect of accelerating the rate at which aviation and technology developed, bringing sooner the day when average citizens could fly from city to city as they wished. As we approach the new millennium, we realize the great benefits to humankind space will provide in the coming decades. Indeed, space beckons humanity. They will excite the young generations and initiate long-term, challenging efforts.