Launched just yesterday by SupplyFrame, a company helping engineers design better hardware faster, the Hackaday Prize is a chance for hardware hackers to build a piece of open source hardware that has the potential to change the world. The focus on open source is an essential feature of the competition, as it’s through open design that solutions for the future are discovered. In a post written yesterday by Szczys: The grand prize is a trip to space on a carrier of the winner’s choice. If space is a little too final frontier for you, then there’s also the option of receiving a cash prize of $196,418 (a Fibonacci number…because #nerd). Other prizes include a milling machine, a top-grade 3D printer, a trip to Japan’s Akihabara eletronics district, and others. Preliminary submissions are being accepted now until June 28, 2014 through Hackaday Projects, and welcomes entries from anyone 13 years or older. To learn more, visit the Hackaday Prize website.