By Alison van Diggelen, host of Fresh Dialogues

In 1996, space enthusiast, Peter Diamandis announced the $10 Million XPrize for the first private spaceship to fly 100 kilometers into space. The only problem was: he didn’t have $10 Million, not even close! Nevertheless, his audacious challenge inspired dozens of teams all over the world to compete and he did eventually find a sponsor…and a winning team. The dramatic story that helped jumpstart the private space race is told in Julian Guthrie’s new book “How to Make a Spaceship” which comes out on September 20th. The book has a foreword by Virgin’s Richard Branson and afterword by superstar scientist, Stephen Hawking.

I interviewed Julian and Peter at the Singularity University Summit and they shared their unique insights into the band of renegades who finally succeeded in winning the XPrize. Peter talked about how he was inspired by Charles Lindbergh’s historic transatlantic flight to win a $25,000 prize. Today, this original XPrize has spawned many others. Over $80 Million in XPrizes continue to drive tech innovation in energy, education, medicine and space exploration.

“This incentive challenge really touched a nerve globally and brought out this entrepreneurial spirit internationally. You had people taking big risks and sacrificing a huge amount…They were fueled by their own passions and obsessions, and dismissed their own fears and naysayers. There’s a lot of bravery in what was done.” Author Julian Guthrie 

Last week, the BBC’s Tech Tent aired my interview with Peter. Listen to the podcast excerpt:

http://www.freshdialogues.com/wp-content/uploads/2016/09/TechTent-Diamandis-Xprize-interview-Sept-2016-6-min.mp3

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Backstage with Julian Guthrie, author of “How to Make a Spaceship”

Here’s a transcript of the introduction and report:

BBC’s Rory Cellan-Jones: It’s 20 years since a space-obsessed entrepreneur called Peter Diamandis launched a $10M to stimulate private space flight. The XPrize spurred dozens of teams around the world to compete for the money and the glory and today the private space industry is one of the most exciting – and risky – sectors of tech innovation. This whole story is told in “How to Make a Spaceship” published later this month.

We asked the Silicon Valley journalist, Alison van Diggelen, to interview Peter Diamandis. He told her why he’s glad Virgin’s Richard Branson turned him down as a sponsor for the first XPrize.

Peter Diamandis: I pitched Richard (Branson) twice. I thought he was the perfect person to do this…The fact that he didn’t fund it and make it the Virgin XPrize, which could’ve been a cool name, led him to the point that when the $10M Ansari XPrize was ultimately won, Richard came in and bought the rights to the winning technology to create Virgin Galactic. So instead of spending $10 million on the prize purse, he spent quarter of a billion dollars developing Virgin Galactic….which I was very happy about.

Alison van Diggelen: Let’s talk about the Cambridge physicist, Stephen Hawking.  He wrote (in) the afterword for your book: “The human race has no future if it doesn’t go to space.” Can you explain what he meant by that?

Peter Diamandis: I had a chance to meet Prof Hawking through the XPrize. We’re actually working right now on an ALS XPrize…. When I met him back in 2007 I invited him to fly on a zero G flight. It was amazing to give the world’s expert on gravity the experience of zero gravity…He was asked why he was doing something kind of risky…for someone in a wheelchair…that frail, it could be dangerous.

He said:

“I want to promote space travel… If the human race doesn’t go into space, we don’t have a future.”           Stephen Hawking

His concerns are the existential threats of nuclear war, killer virus, asteroid impact…I’m an optimistic guy. I think we have a bigger future if we go into space. The concept that [...]