PTScientists filed for bankruptcy on Friday, July 5, with the district court Berlin Charlottenburg.
In a press release, the former Google Lunar X Prize competitor blamed unplanned delays in the acquisition of incentives and subsidies to support its planned mission to the moon.
“Lawyer Sascha Feies has been appointed as provisional insolvency administrator,” the press release stated. “The business operations and research projects of the scientific enterprise continue to run without any restrictions during the insolvency proceedings.”
PTScientists has been working with ArianeGroup and ESA on a joint study of a future mission to the lunar surface.
“The bankruptcy petition throws us back a little in time, because we first have to secure together with the insolvency administrator, the further financing of the company,” said Robert Boehme, founder and CEO of PTScientists. “However, given our clear progress and achievements that we have demonstrated in recent months, we are well placed to emerge from the insolvency process and implement our lunar mission as planned.”
YEHUD, Israel (XPRIZE PR) — XPRIZE will recognize SpaceIL’s achievement with a $1 million Moonshot Award for its successful entry into lunar orbit and for its attempt to land on the lunar surface – both of which are “firsts” for a privately-funded entity, marking a new era in space exploration.
The first privately funded moon landing crashed onto the lunar surface on Thursday.
SpaceIL’s Beresheet lander got about 10 km above the moon when it began experiencing a problem with its engine. Communications were lost and then controllers announced that the spacecraft had crashed.
“If at first you don’t succeed, you try again,” said Israeli Prime Minister Benjamin Netanyahu, who joined the SpaceIL team at the control center.
The $100 mission by the former Google Lunar X Prize team was largely unwritten by billionaire Morris Kahn with some funding assistance from the Israel Space Agency.
Israel was attempting to become the fourth nation to successfully land on the moon after the United States, Soviet Union and China.
Officials put a brave face on the failure, saying SpaceIL had been successful in placing the satellite into orbit around the moon before today’s unsuccessful landing attempt.
If the landing had succeeded, SpaceIL would have received a $1 million award XPRIZE Chairman Peter Diamandis. XPRIZE had run the Google Lunar X Prize, which was a $30 million competition to land a rover on the moon capable of traveling 500 meters across the surface.
Google canceled the competition in January 2018 after numerous extensions when it became clear that none of the remaining teams was close to winning the prize.
LOS ANGELES, March 28, 2019 (XPRIZE PR) —XPRIZE, the global leader in designing and operating world-changing incentive competitions, announces that it will offer a $1 million Moonshot Award in recognition of an XPRIZE team demonstrating the achievement of a “moonshot” technological feat outside the parameters or timeframe of an XPRIZE competition.
TOKYO (iSpace PR) – The Asahi Shimbun Newspaper (hereinafter: “Asahi Shimbun”), one of the oldest and largest national daily newspapers in Japan, and lunar exploration company, ispace, inc., announced that Asahi Shimbun will become the Media Partner of HAKUTO-R, the world’s first commercial lunar exploration program.
NGK SPARK PLUG Becomes Corporate Partner of ispace’s HAKUTO-R Program
TOKYO, February 22, 2019 (ispace PR) – NGK SPARK PLUG CO., LTD. (hereinafter: “NGK SPARK PLUG”), a manufacturer with over 80 years of experience in spark plugs and ceramics, headquartered in Nagoya, Japan, and lunar exploration company, ispace, inc., announced today that NGK SPARK PLUG has agreed to participate as a Corporate Partner of the world’s first commercial lunar exploration program “HAKUTO – R”.
JAL Assisting Lunar Lander Assembly & Transportation; Pursuing Future Space Business
TOKYO, February 22, 2019 (ispace PR) – Japan Airlines Corporation (“JAL”) and lunar exploration company, ispace, inc., announced today that JAL has become a Corporate Partner of HAKUTO-R, the world’s first commercial lunar exploration program.
BREMEN, Germany (NASA PR) — NASA has signed an agreement with the Israel Space Agency (ISA) to cooperatively utilize the Israeli nonprofit SpaceIL’s commercial lunar mission, expected to land on the Moon in 2019.
NASA will contribute a laser retroreflector array to aid with ground tracking and Deep Space Network support to aid in mission communication. ISA and SpaceIL will share data with NASA from the SpaceIL lunar magnetometer installed aboard the spacecraft.
The instrument, which was developed in collaboration with the Weizmann Institute of Science, will measure the magnetic field on and above the landing site. The data will be made publicly available through NASA’s Planetary Data System. In addition, NASA’s Lunar Reconnaissance Orbiter will attempt to take scientific measurements of the SpaceIL lander as it lands on the Moon.
The agreement was signed by NASA Administrator Jim Bridenstine and Avi Blasberger, Director of the Israel Space Agency. Dr. Ido Anteby, CEO of SpaceIL, was also present.
“I’m thrilled to extend progress in commercial cooperation we’ve made in low-Earth orbit to the lunar environment with this new agreement with the Israel Space Agency and SpaceIL,” said NASA Administrator Jim Bridenstine. “Innovative partnerships like this are going to be essential as we go forward to the Moon and create new opportunities there.”
SpaceIL competed in the Google Lunar X Prize, and continues to work toward landing the first Israeli spacecraft on the Moon. Together, NASA and SpaceIL will collaborate on analyzing the scientific data returned from the mission.
The agreement exemplifies the innovative approach that NASA and its international partners are taking to team up with commercial partners to advance important science and exploration objectives on and around the Moon.
For more information about NASA and agency programs, visit:
TOKYO, September 26, 2018 (ispace PR) – ispace, a company developing robotics for lunar delivery and resource exploration, announced today that SpaceX will be the launch provider for its maiden voyages to the Moon scheduled for 2020 and 2021. The company’s first two lunar missions will be carried out under the program name HAKUTO-R, standing for “Reboot”, a reference to ispace’s management of HAKUTO, a Google Lunar XPRIZE competition finalist.
This past week, the XPrize acknowledged the obvious: after 10 years and multiple deadline extensions, none of the five remaining teams was going to claim the Google Lunar X Prize by landing a privately-built vehicle on the moon that would travel 500 meters across the surface while sending back high-definition video.
The first team to accomplish that goal would have claimed $20 million; the second, $5 million. But, unlike the moon race of the 1960’s, Google’s much hyped moon shot ended not with the deafening roar of a launch but the deadening silence of a dream deferred.
Congratulations are in order for Parabolic Arc readers! Or at least the 59 percent of you who voted correctly in our latest poll.
That’s the percentage of voters who chose “None of the Above” on the question of who would win the Google X Prize. And wouldn’t you know it, last week the X Prize announced that the prize was ending without any winner.
So, kudos to you guys. Each and everyone one of you are a regular Ed Glosser.
As for the rest of you losers….21 percent voted for Moon Express, 9 percent of Team Indus, and 3 percent for Synergy Moon.
I’ve put in a new poll up on what will happen to Jim Bridenstine’s nomination to lead NASA.
Remember: vote early. Vote often. Vote as if your life depended on it. Because it does.
“Antrix and TeamIndus are mutually terminating the launch services agreement signed in 2016. Antrix remains committed to encouraging and promoting private enterprise in space. TeamIndus will continue with its goal of building a world class private aerospace company. TeamIndus also thanks Antrix for its assistance and looks forward to collaborating with Antrix in the future to take India higher and further into space. Antrix takes this opportunity to wish TeamIndus all success in its future endeavours.”
“TeamIndus has been in talks with the Google Lunar XPrize over the past few weeks and had expressed its inability to meet the 31st March 2018 deadline to complete 500 meter traversal on the Moon. We respect the decision by the organizers to not extend the competition deadline any further and thank them for having created an unique platform that unleashed innovation, created newer technologies and drew in teams from various backgrounds to solve problems of enabling human exploration beyond the Earth orbit.
We have formally, amicably and mutually closed our Launch services agreement with Antrix. We continue to look towards Antrix & ISRO as our preferred partners of choice for all our future endeavours.
At TeamIndus, we are grateful for the support we have received from all our partners, supporters over this journey of 7 years. We are working closely with all of them to ascertain their role as we expand our horizons and work on repeatedly delivering increased capacity, precision of payload to the Moon. More details on our next phase of evolution coming up later this week.”
Editor’s Note: Indian media reports indicate that Anxtrix terminated the agreement because it hadn’t been paid. Perhaps those reports were incorrect. Or everyone is trying to save face. In any event, TeamIndus did not have the money or the time to finish the lander and rover before the prize ended.
You know who does have that kind of money, though? Ispace, the Japanese company backing Team HAKUTO, whose rover was going to catch a ride with Team Indus. It just raised $90.2 million in Series A funding to support lunar missions.
TeamIndus says its making an announcement on Thursday about some new direction, known in tech circles as a pivot. I would not be surprised if it’s a partnership with HAKUTO. But, that’s just a guess. I don’t have any inside information concerning their plans.
CULVER CITY, Calif. (X Prize PR) — “After close consultation with our five finalist Google Lunar XPRIZE teams over the past several months, we have concluded that no team will make a launch attempt to reach the Moon by the March 31st, 2018 deadline. This literal “moonshot” is hard, and while we did expect a winner by now, due to the difficulties of fundraising, technical and regulatory challenges, the grand prize of the $30M Google Lunar XPRIZE will go unclaimed.
We are extraordinarily grateful to Google for enabling this 10-year journey with us and for having the foresight and courage to support and catalyze the commercial space industry, which was the ultimate goal of this competition.
It appears highly likely that the decade-old Google Lunar X Prize will end on March 31 without a winner following reports out of India that Team Indus has pulled out of the race. The Kenreports that
The launch contract that TeamIndus signed with Antrix Corporation—the commercial arm of the Indian Space Research Organisation (Isro)—in December 2016, in pursuit of its $30-million Google Lunar XPRIZE goal, has been cancelled. Multiple sources within Isro confirmed the news….
Conservatively speaking, the price tag for the PSLV chartered launch alone is said to be upwards of $20 million; the cost of building and testing the moon rover is several million more. It’s learnt TeamIndus couldn’t pony up funds to pay Antrix beyond the initial signing amount. “Isro has cancelled the contract for a lack of compliances and payment issues,” says a person who is close to these developments. He says, “Rahul [Narayan, co-founder TeamIndus] has spoken to all on the floor recently and informed all of Isro’s decision of pulling out of the mission”. TeamIndus did not respond to questions sent by email. Without denying the news, a spokesperson for the company said, “As a company, we’d not comment on this”.