Commercial Spaceflight And The Dawning Age of NewSpace

Google’s $30m race to the moon is ready for lift-off

Israeli non-profit space exploration company SpaceIL has announced that it’s become the first company to successfully deliver a launch contract in pursuit of Google’s $30 million lunar XPRIZE payout.

Google has supported the lunar XPRIZE initiative since 2007 to try and spur “a new era of affordable access to the moon and beyond.” In order to nab the $20 million first prize, a team needs to land a privately funded rover on the moon that’s capable of transmitting HD video and images back to earth, and that can travel at least 500 meters. Teams also have to prove that 90 percent of their funding came from private sources to qualify.

Sourced through Scoop.it from: thenextweb.com

See on Scoop.itThe NewSpace Daily

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