Subscribe free to our newsletters via your
  Space Travel News  




Subscribe free to our newsletters via your




















MOON DAILY
Private Space Race Heats Up, Moon Landing Expected in Late 2017
by Staff Writers
Moscow (Sputnik) Feb 01, 2017


Moon Express is not the only group chasing the cash and prestige that a successful moon landing would bring. Of 34 teams that announced participation at the beginning of the Google competition, only five have secured a launch contract and are still in the running.

Moon Express, the first private company to receive government approval for a space mission, has announced an additional $20 million raised for a lunar voyage in late 2017.

A front-runner to win Google's Lunar XPrize, the $20-million grant for the first "privately funded team" to "successfully place a spacecraft on the moon's surface," "travel 500 meters,"and "transmit high-definition video and images back to Earth," brings the Moon Express total investment to some $45 million, alongside contributions from deep-pocket tech billionaires like Paypal founder Peter Thiel.

In 2016, Moon Express submitted a proposal to the Federal Aviation Administration (FAA) and received federal approval for their lunar mission. This historic ruling is the first private company that has received permission to land on the Moon.

Under the 1966 Outer Space Treaty, space missions are the responsibility of national governments, even if the mission is entirely private. Governments are wary of private spaceflight, and have strictly regulated it. In the United States, private spaceflight was effectively illegal until the 2004 Commercial Space Launch Amendment.

In addition to the Lunar XPrize goals, Moon Express seeks to begin mining the moon for resources such as platinum and helium-3, as well as laying the groundwork for an eventual human colony.

Moon Express is not the only group chasing the cash and prestige that a successful moon landing would bring. Of 34 teams that announced participation at the beginning of the Google competition, only five have secured a launch contract and are still in the running.

Those teams include Japan's Hakuto; India's Team Indus; Israel's Team SpaceIL; and the international Synergy Moon, led by an American and a Yugoslavian. The teams must launch their spacecraft before the end of 2017, although none have set a specific date. There are several extra prizes for various additional achievements.

Whichever participant arrives first will mark the first private company to successfully land on the moon. The space agencies of the United States, the Soviet Union, Japan, China, Europe and India have all done so previously.

Lunar landing missions from Japan, South Korea, Russia, and the United Kingdom are planned over the next 15 years. Following a successful conclusion to the Google competition, however, private trips to the moon could become more frequent than those sponsored by nations.

Source: Sputnik News


Comment on this article using your Disqus, Facebook, Google or Twitter login.

.


Related Links
Lunar XPrize
Mars News and Information at MarsDaily.com
Lunar Dreams and more






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
MOON DAILY
LunaH-Map CubeSat to map the Moon's water deposits
Los Angeles CA (SPX) Jan 31, 2017
Arizona State University (ASU) is developing a small satellite that will search hydrogen in lunar craters with the ultimate goal of creating the most detailed map of the moon's water deposits. The spacecraft, named Lunar Polar Hydrogen Mapper (LunaH-Map), is expected to shed new light on the depth and distribution of water-ice on the moon. LunaH-Map is a six-unit CubeSat with dimensions of ... read more


MOON DAILY
MOON DAILY
Meteorite reveals 2 billion years of volcanic activity on Mars

Opportunity marks 13 years of ground operations on Mars

Similar-Looking Ridges on Mars Have Diverse Origins

Commercial Crew's Role in Path to Mars

MOON DAILY
Private Space Race Heats Up, Moon Landing Expected in Late 2017

LunaH-Map CubeSat to map the Moon's water deposits

India, Israel among five teams fighting for first private Moon landing

China schedules Chang'e-5 lunar probe launch

MOON DAILY
Public to Choose Jupiter Picture Sites for NASA Juno

Experiment resolves mystery about wind flows on Jupiter

Pluto Global Color Map

Lowell Observatory to renovate Pluto discovery telescope

MOON DAILY
New planet imager delivers first science at Keck

Dedicated Planet Imager Opens Its Eyes to Other Worlds

First footage of a living stylodactylid shrimp filter-feeding at depth of 4826m

SF State astronomer searches for signs of life on Wolf 1061 exoplanet

MOON DAILY
ISRO tests C25 Cryogenic Upper Stage of GSLV MkIII

NASA sounding rocket launches into Alaskan night

SmallGEO's first flight reaches orbit

Russia to check space flight engines over faulty parts

MOON DAILY
China looks to Mars, Jupiter exploration

China's first cargo spacecraft to leave factory

China launches commercial rocket mission Kuaizhou-1A

China Space Plan to Develop "Strength and Size"

MOON DAILY
New research shows Ceres may have vanishing ice volcanoes

Earth Narrowly Dodges Three Large Asteroids

Objective: To deflect asteroids, thus preventing their collision with Earth

Gaia turns its eyes to asteroid hunting




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News








The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement