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Dr. Peter Diamandis runs some of the world's largest competitions and has been one of the pioneers of private spaceflight. At Student Competitions, we naturally think that the X-prize idea is a really cool concept and wanted to ask Peter why he thinks competitions are so important.

Apart from being the founder and CEO of the X-prize foundation, Dr. Peter Diamandis is also one of the founding fathers of several private space flight companies. One of the challenges currently running on the X-prize website is the Google Lunar X PRIZE challenge: "A $30 million competition that challenges space professionals and engineers from across the globe to build and launch to the moon a privately funded spacecraft capable of completing a series of exploration and transmission tasks."

So why is it so important to compete? In an exclusive interview with Student Competitions, Mr. Diamandis stated that:

"As humans we are genetically programmed to compete. We do our best work when we are under pressure, whether it is in starting a company or finding your spouse. So competitions are an extremely important way to drive breakthroughs and innovations"

At student competitions, we whole-heartedly agree with Dr. Diamandis and wishes him the best of luck for his ventures in future! 

Read more about the X-prize at their website http://www.xprize.org 

Student Competitions Gustav and Dr. Peter Diamandis at the Kairos Summit