Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

SpaceIL Competing for $30 Million Google Lunar Race Prize

SpaceIL

Israeli space exploration company SpaceIL, which aspires to put the first Israeli spacecraft on the moon, is one of many companies vying for a $30 million award from Google’s Lunar XPRIZE competition. The winning team will be the first to send a craft to the Moon, travel at least 500 meters there and take and transmit back to Earth HDTV pictures of it by the end of 2015.


Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

SpaceIL is a non-profit organization and should it win the competition then the $30 million prize would go to paying for the $36 million that it has spent on the project. It is building the world’s smallest spacecraft loaded with groundbreaking innovation in space exploration.

Leveraging Israeli expertise in micro-satellite technologies, SpaceIL states that it is building the” smallest, smartest spacecraft to ever land on the moon.” The team is applying know how garnered from a defense related satellites to space exploration. The SpaceIL spacecraft is about the size of a dishwasher, only 38 inches high and 28 inches wide.

While the other Google Lunar XPrize teams developed large rovers to move the required 500 meters on the Moon’s surface, in order to conserve mass, SpaceIL used the idea of a space hop: to have the spacecraft land and then take off again with the fuel left in its propulsion system, and then perform another landing 500 meters away.

The company faces competition from more than 30 other teams.

SpaceIL also declares its goal to be to inspire the next generation of children in Israel and around the world to think differently about science, technology, engineering and math (STEM). The company says that it is committed to using the Google Lunar X Prize money to promote science and scientific education in Israel, to ensure that Israel will continue to live up to its reputation for excellence in these fields.

American casino magnate Sheldon Adelson and his wife Miriam recently gave them $16.5 million.

Google describes its XPrize as an, “innovation engine. A facilitator of exponential change. A catalyst for the benefit of humanity.” The company says that it wants to find a more cost effective way to explore the 95% of the Moon’s surface that was not visited by astronauts.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.