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.
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