Commercial Spaceflight And The Dawning Age of NewSpace

Israeli Google Lunar XPrize team aims to put lander on the moon in 2017 | CNET

The Google Lunar XPrize has its first official entrant in a contest designed to launch a new-age space race.

Israeli team SpaceIL announced Wednesday it has become the first to sign a formal contract with the contest, which challenges private teams to be the first to land a rover on the moon by the end of 2017. Launched in 2007, the Google Lunar XPrize (GLXP) includes a $20 million grand prize for the first privately funded team to land a craft on the moon and then cover 500 meters of the lunar surface while beaming high-definition footage back to Earth.

Sourced through Scoop.it from: www.cnet.com

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