The latest X Prize is the Google-funded Lunar X Prize, which was announced in September, 2007. It seeks to award $20 million to the first scientific team that can land a privately funded robot on the moon and meet a number of other criteria (explore terrain and relay results back to Earth). The runner up gets $5 million and there are additional millions as part of the prize money. Yesterday, the X Prize Foundation announced the 10 teams that had entered.

Here’s more from the NY Times, CNET , and the SF Chronicle.

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About The Author: Greg Sterling is a Contributing Editor at Search Engine Land. He writes a personal blog Screenwerk, about SoLoMo issues and connecting the dots between online and offline. He also posts at Internet2Go, which is focused on the mobile Internet. Follow him @gsterling. See more articles by Greg Sterling