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President Barack Obama’s new space policy puts a lot of emphasis on the development of “game changing” technology that will allow us to explore and settle the cosmos.

The approach will get an early test run next month during the 2010 Rice Business Plan Competition in House. NASA’s Johnson Space Center recently announced the addition of a $50,000 “Game Changer” Commercial Space Innovation Prize to the contest.

“The new $50,000 NASA ‘Game Changer’ Commercial Space Innovation Prize will recognize the team’s business plan with the best idea related to commercial space innovation,” said David Leestma, director of the Advanced Planning Office at NASA’s Johnson Space Center. “The award encourages the identification and development of new breakthrough technologies and business models in the commercial space market or market creation to realize this value.”

To read the full, original article click on this link: NASA Offers $50,000 for ‘Game Changing’ Space Innovation | Parabolic Arc

Author: Doug Messier