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/2014/11/08/9602562_Tour-of-XPRIZE-Facility/
You are here:
PureEnergySystems.com > News > November 8, 2014

Co-Founder Gregg Maryniak Gives Tour of XPRIZE Offices in LA

The XPRIZE Foundation has many causes they have fostered by putting up contests to see who might come up with the best solution for a particular problem. $30 million has been awarded so far, with $60 million presently on the table. The Forbidden Energy project about which we've been reporting is on the drawing board.



by Sterling D. Allan
Pure Energy Systems News

On Thursday morning, November 6, my New Energy Systems Trust associate, Russ Gries, and I were given a tour of the XPRIZE Foundation facilities, along with several others, by Co-Founder, Gregg Maryniak. They are next door to Symantec in Culver City, California, near Los Angeles.

XPRIZE is an educational nonprofit organization whose mission is to bring about radical breakthroughs for the benefit of humanity. I didn't hear the number of employees they have, but I would guess that it is around 100.

Gregg also told us the story about how the XPRIZE was launched and what they've done since making history with the first non-government trip to space and back within two weeks.

It just so happened that our tour took place on the 10th anniversary of the awarding of the $10 million dollar prize for that accomplishment by Burt Rutan and his team, whose enterprise ended up being purchased by Richard Branson of Virgin Airlines, forming Virgin Galactic.

Since that first contest, Ansari, XPRIZE has awarded $30 million in other contests, and presently has several contests under way with a total of $60 million in the kitty.

Here is the video of the tour Gregg gave us.

For those of you who have been following our news, you know that we have been tracking this $20 million "Forbidden Energy" prize announced last May. The purpose of Thursday's meeting was to do some early brainstorming on the prize. It's still in early development and discussion. It hasn't been formally announced yet, which could take many months. They have a lot of other projects under way, of which this is just one.

Because it is early in its stage of roll-out, they asked us to not talk about it until they're ready to announce it officially, if it gets to that point. Since we've reported on this previously, not realizing that it was still in such a formative stage, the purpose of today's coverage is to inform you about this. I would love to be able to give you the details of the brainstorming meeting, but for the reasons just given, we can't go into that right now. I'll just say that the brainstorming document I created last week has come in very useful.

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Page composed by Sterling D. Allan
Last updated November 20, 2014
 
 

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