Moon Express has announced that it has raised $20 million in a Series B funding round from Founders Fund, Autodesk and Collaborative Fund.
The company says it is fully funded to land a spacecraft on the moon later this year. The flight will be an attempt to win the $20 million first prize in the Google Lunar X Prize for the first privately built vehicle to land on the moon and travel 500 meters across the surface. There is a $5 million prize for the second team to achieve the goal.
Moon Express’ spacecraft will launch on a Rocket Lab Electron rocket. Rocket Lab expects to launch the Electron on its first flight test in February.