XPRIZE is a non-profit organization that designs and manages public competitions intended to encourage technological development and innovation. The organization was founded in 1995 by entrepreneur Peter Diamandis, and has since launched a number of high-profile competitions, including the Ansari XPRIZE for private spaceflight and the Google Lunar XPRIZE for lunar exploration. XPRIZE aims to inspire and incentivize breakthroughs in science and technology that can benefit humanity. The organization is based in Culver City, California.