Google Lunar X PRIZE teams making final fundraising pushes
Posted: Sun, Dec 10, 2017, 7:13 AM ET (1213 GMT)
Two of the finalists in the Google Lunar X PRIZE competition are trying to raise tens of millions of dollars, less than four month before the competition ends. SpaceIL said it's seeking to raise $20 million by the end of the year that, with an additional $10 million contribution from its former board chairman, will allow the organization to complete and launch its lunar lander. Team Indus is also considering crowdfunding and sponsorships to raise $35 million, half the estimated cost of its mission. The remaining teams in the competition have until the end of March 2018 to fly their missions in order to win the $20 million grand prize.
Two of the finalists in the Google Lunar X PRIZE competition are trying to raise tens of millions of dollars, less than four month before the competition ends. SpaceIL said it's seeking to raise $20 million by the end of the year that, with an additional $10 million contribution from its former board chairman, will allow the organization to complete and launch its lunar lander. Team Indus is also considering crowdfunding and sponsorships to raise $35 million, half the estimated cost of its mission. The remaining teams in the competition have until the end of March 2018 to fly their missions in order to win the $20 million grand prize.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Wednesday, May 13
A new ‘Boost!’ for space transportation companies
ESA — 6:12 am ET (1012 GMT) Elon Musk Is Out to Rule Space. Can Anyone Stop Him?
Wired — 6:11 am ET (1011 GMT) AST SpaceMobile ‘Optimistic’ About New Glenn Pad Return
Aviation Week — 6:08 am ET (1008 GMT) AST SpaceMobile Confirms Target for 45 BlueBirds This Year, Despite Blue Origin Launch Failure
ViaSatellite — 6:06 am ET (1006 GMT) ULA to prep future Vulcan launch for Amazon despite rocket investigation
Orlando Sentinel — 6:06 am ET (1006 GMT) |
