Annual competitions and milestone prizes will also be provided.
Milestone prizes will include
* design of the liquid-fuel rocket
* static testing of the engine,
* smaller pop-up innovation challenges to be announced.
The fully funded $1 million prize is for launching a rocket to the edge of space.
Over the next 10-years half of the qualified rocket engineers will retire. The first 5-7 years of a rocket engineer career are spent in on the job training to become productive.
This competition is part of building a pipeline of qualified rocketeers.
There are already 20 university teams working on liquid rockets.
Having a powerful new generation of rocket engineers will be vital to having humanity’s future in space.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.