Eric Anderson, who co-founded the space tourism firm Space Adventures, said he was used to sceptics.
"The human species is about evolution and is about moving forward, " said Eric Anderson, president of Space Adventures Ltd.
"For the time being, it's going to be something that's very expensive, " admits Space Adventures Chief Executive Eric Anderson .
"Today, consumers are engaging in interactive TV program experiences more and more, " said Eric Anderson, vice president of content and product solutions at Samsung Electronics America, Inc.
ENGADGET: Yahoo and Samsung announce multi-year interactive TV partnership
Tuesday's announcement comes nine months after the unveiling of a similar project by Planetary Resources, a company led by space tourism pioneers Eric Anderson and Peter Diamandis.
Eric Anderson, president and CEO of Space Adventures, the company sending Garriott into space, told CNN the training program is extensive, but does not exclude people from making the flight.
CNN: Training for civilian space travel is no picnic, Garriott says
The company, known as Planetary Resources, is also backed by space tourism pioneer Eric Anderson, X-Prize founder Peter Diamandis, Ross Perot Jr, son of the former US presidential candidate, and veteran astronaut Tom Jones.
But something that had seemed mundane when he was a kid, space travel, seemed out of reach, until he met a guy named Eric Anderson who was trying to establish a private space travel company.
"With 30 waterproof phones introduced globally since 2008, Kyocera has unparalleled expertise in designing devices to survive the elements, " said Eric Anderson, senior vice president and general manager of global sales and marketing at Kyocera Communications Inc.
"There's still very strong demand for a solid feature phone, and feature phones don't come any more solid than the DuraPro, " said Eric Anderson, senior vice president and general manager of global sales and marketing at Kyocera Communications.
ENGADGET: Kyocera DuraPro keeps the rugged flip phone alive on US Cellular for $100
Announcing the result, chairman of the judging panel Dr Eric Anderson said the winners were chosen only after a "lively and spirited debate" during which at one time or other, each of the five finalists looked to be the front runner.
This article was reported by Jenny Anderson, Eric Dash and Andrew Ross Sorkin and was written by Mr. Sorkin.
CNN's Anderson Cooper, Susan Candiotti, Rich Phillips, Arthur Brice, Eric Marrapodi and Chris Lawrence contributed to this report.
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