TEL AVIV (SpaceIL PR) — The construction of the first Israeli spacecraft is at a critical turning point. Only two weeks before its completion, $20 million are needed by the end of the year to prevent the project’s termination. This would result in the cancellation of the launch planned for 2018 and end all the non-profit’s educational activities, a moment before the spacecraft is launched.
TEL AVIV (SpaceIL PR) — SpaceIL, a nonprofit organization aiming to land the first Israeli spacecraft on the Moon and a participant in the prestigious Google Lunar X Prize (GLXP) competition, announced today the receipt of a $16.4 million donation from the Dr. Miriam and Sheldon G. Adelson Family Foundation.
This grant – coupled with tremendous grassroots support and funding from other key donors such as Morris Kahn and the Schusterman Family Foundation together with ongoing support from the Israel Aerospace Industries, the Israel Space Agency, Bezeq, Tel Aviv University, the Weizmann Institute and many others – gives the SpaceIL team a significant boost ahead in completing construction of their highly innovative spacecraft and moves them closer to the actual launch to the Moon. The funds also support SpaceIL’s core mission to create an Israeli “Apollo Effect,” inspiring the next generation to think differently about science, technology, engineering and math.