XPRIZE is an innovation engine. A facilitator of exponential change. A catalyst for the benefit of humanity. We provide the thought leadership to identify the Grand Challenges of our time – the national or global crises, market failures and opportunities where solutions are thought to be either out of reach, or just plain impossible. And then we design and operate incentivized prize competitions to solve them. We act as a convening platform, bringing together passionate partners to accelerate a positive future based upon our vision of a preferred state: the sponsors, entrepreneurs, philanthropists, industry, government, academia and innovators who help us make the impossible possible.