Commercial Spaceflight And The Dawning Age of NewSpace

Google Lunar XPrize update: Five teams aim for the moon in 2017 | CNET

TOKYO — The race to the moon is more marathon than sprint, but for some entrants to the Google Lunar XPrize, the finish line is finally coming over the horizon.

The contest represents a $30 million pool of prizes, funded by Google and managed by the XPrize Foundation. A whopping $20 million goes to the first privately funded team to put a lander on the moon and cover a distance of 500 meters, all while sending high-definition video back to Earth. There’s a $5 million prize for second place, and $5 million in bonuses. The goal is to kick-start the commercial space industry, while also inspiring a new generation of engineers and scientists.

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

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