The Kavli Prize is established as a joint venture between the Norwegian Academy of Science and Letters, the Norwegian Ministry of Education and Research, and The Kavli Foundation. The main object is to award three international prizes for outstanding scientific work in the fields of Astrophysics, Nanoscience, and Neuroscience. The main purposes of the Prizes are to:
- Recognize outstanding scientific research
- Honor highly creative scientists
- Promote public understanding of scientists and their work
- Foster international cooperation among scientists
More specifically, the Kavli Prizes comprise:
- The Kavli Prize in Astrophysics will be awarded for outstanding achievement in advancing our knowledge and understanding of the origin, evolution, and properties of the universe, including the fields of cosmology, astrophysics, astronomy, planetary science, solar physics, space science, astrobiology, astronomical and astrophysical instrumentation, and particle astrophysics.
- The Kavli Prize in Nanoscience will be awarded for outstanding achievement in the science and application of the unique physical, chemical, and biological properties of atomic, molecular, macromolecular, and cellular structures and systems that are manifest in the nanometer scale, including molecular self-assembly, nanomaterials, nanoscale instrumentation, nanobiotechnology, macromolecular synthesis, molecular mechanics, and related topics.
- The Kavli Prize in Neuroscience will be awarded for outstanding achievement in advancing our knowledge and understanding of the brain and nervous system, including molecular neuroscience, cellular neuroscience, systems neuroscience, neurogenetics, developmental neuroscience, cognitive neuroscience, computational neuroscience, and related facets of the brain and nervous system.
The Kavli Prize will consist of US $1,000,000, a scroll, and a medal for each of the three Kavli Prizes. In cases where a Kavli Prize is to be awarded to more than one person, the financial award will be divided equally among the recipients.