Peter Diamandis
Peter Diamandis
Peter H. Diamandisis a Greek–American engineer, physician, and entrepreneur best known for being the founder and chairman of the X Prize Foundation, the co-founder and executive chairman of Singularity University and the co-author of the New York Times bestsellers Abundance: The Future Is Better Than You Think and BOLD: How to Go Big, Create Wealth, and Impact the World. He is also the former CEO and co-founder of the Zero Gravity Corporation, the co-founder and vice chairman of Space Adventures...
ProfessionEntrepreneur
Date of Birth20 May 1961
beginning profitable risks space until willing
We need to be willing to take risks we were willing to at the beginning of space exploration and every other frontier, ... We're not going to have these breakthroughs until we have a profitable industry.
accepting chairman chief corporate difficulty executive few grasp great hundred importance officers regarding risks role
In my role as chairman of the X Prize, I had approached well over one hundred corporate chief executive officers regarding sponsorship. Few were able to grasp the importance of this new market...and those who were had great difficulty accepting the risks involved,
risk breakthrough
Without risks, there can't be breakthroughs.
government agency risk
Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.
risk purpose missions
If the risk is fully aligned with your purpose and mission, then it's worth considering.
people risk blame
If someone is always to blame, if every time something goes wrong someone has to be punished, people quickly stop taking risks. Without risks, there can't be breakthroughs.
activities bring cup help hope launch mexico operators passenger prize site southern tourism
Our hope is that the X Prize Cup activities will help bring suborbital tourism operators to the southern New Mexico site for year-round passenger launch operations.
creating event fixed happening lots multiple period
We're creating an event that has multiple things happening over two-weeks and during a fixed period of time. There's going to be lots going on.
dangerous definitely flight unusual
It is definitely an unusual flight trajectory. But it is not a dangerous flight trajectory.
begin billions bring dollars era fund industry raised teams tide
You have raised a tide that will bring billions of dollars into the industry and fund other teams to compete. We will begin a new era of spaceflight.
today
Today we have made history. Today we go to the stars.
materials physics science seeing
We're not seeing any breakthroughs in physics or materials science here,
basically business couple creating cup expect including model occur prize space summer
We expect that the first X Prize Cup will actually occur in the summer of 2006. We have a couple of years to get the infrastructure in place, ... We're basically creating a new business model for the whole space business including media, sponsorships...and the X Prize Cup is an important part of that.
attractive best bid both final florida lengthy offered process provided selection states
We went through a lengthy selection process ... narrowing it down to Florida and New Mexico. Both states provided us their best and final bid and they both offered very attractive opportunities.