LOS ANGELES, August 16, 2017 (XPRIZE PR) – Today, XPRIZE and Google announce that $4.75M in additional Milestone Prize money will be available to Google Lunar XPRIZE finalist teams for achieving technological milestones along the way to the Moon.
Additionally, XPRIZE established a mission completion deadline of March 31, 2018, regardless of the initiation date, in order for teams to win the Grand or Second-Place Prizes.
Teams can compete for one or both of the following prizes:
- Lunar Arrival Milestone Prize — The spacecraft must complete one orbit around the Moon or enter a direct descent approach to the lunar surface to win $1.75M.
- Soft Landing Milestone Prize — The spacecraft must transmit data proving it soft-landed on the lunar surface to win $3M.
The Milestone Prize purses will be evenly distributed between all teams who have achieved each milestone by March 31, 2018.
“XPRIZE and Google are thrilled to offer these additional in-space Milestone Prizes as a further incentive for finalist teams and to recognize the full gravity of these bold technological feats taking place in the race to the Moon,” said Chanda Gonzales-Mowrer, senior director, Google Lunar XPRIZE.
Earlier this year, XPRIZE announced the five finalist teams with verified launch contracts: SpaceIL (Israel), Moon Express (USA), Synergy Moon (International), TeamIndus (India) and HAKUTO (Japan).
In January 2015, five Google Lunar XPRIZE teams were awarded Milestone Prizes for a combined $5.25M in recognition of advancements in the areas of mobility, imaging and landing technology.
If a team ultimately wins the Grand Prize or Second-Place Prize, then the Grand Prize or the Second-Place Prize will be reduced by the amount the team has won in Milestone Prizes.
About the Google Lunar XPRIZE
The $30M Google Lunar XPRIZE is an unprecedented competition to challenge and inspire engineers and entrepreneurs from around the world to develop low-cost methods of robotic space exploration. To win the Google Lunar XPRIZE, a privately funded team must successfully place a robot on the Moon’s surface that explores at least 500 meters and transmits high-definition video and images back to Earth. Visit http://lunar.xprize.org/ or @GLXP for more information.