“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”.
An international fleet of spacecraft will be launched in 2018 to explore the Moon, Mars, Mercury and the Sun. Two sample-return spacecraft will enter orbit around asteroids while a third spacecraft will be launched to search for asteroids that contain water that can be mined.
NASA will also launch its next exoplanet hunting spacecraft in March. And the space agency will ring in 2019 with the first ever flyby of a Kuiper Belt object.
And, oh yes, Elon Musk is launching his car in the direction of Mars. (more…)
The clock is ticking for the remaining teams in the $30 million Google Lunar X Prize competition.
Barring another extension, they have until March 31 to land a vehicle on moon and travel 500 meters across it to claim the $20 million first prize or $5 million second prize. It’s not clear whether any of them will make the deadline.
The Next Generation Suborbital Researchers Conference was held in Colorado earlier this week. I wasn’t able to attend this year, but the following folks tweeted the sessions:
Jeff Foust @jeff_foust Rand Simberg @Rand_Simberg Colorado Space News @CO_Space_News Laura Seward Forczyk @LauraForczyk
Below are summaries of a number of talks based on their tweets. The talks included Erika Wagner of Blue Origin, Dylan Taylor of Space Angels, John Quinn of Exos Aerospace, Tim Lachenmeier of Near Space Corporation, Lewis Groswald of the University of Colorado Boulder, and Alain Berinstain of Moon Express.
TOKYO — ispace, a Japanese start-up responsible for Team HAKUTO’s entry in the Google Lunar X Prize, is planning to announce “the largest fund raised in Series A in the global space industry” next week to support its efforts to mine the moon.
“It involves a round of significant financing and details around the next missions of ispace, planned after the currently run HAKUTO project,” according to an invitation sent to journalists.
Team Indus is still $35 million short of being able to launch a rover to the moon to win first prize in the $30 million Google Lunar X Prize with less than four months to go.
Team Indus, a private aerospace start-up, and the only Indian team attempting to launch a spacecraft on the moon, is exploring crowd funding, sponsorship and ticketing route as possible fund raising options.
The start-up which has, so far, raised $35 million (approximately ₹250 crore), has to raise the other half of $35 million within a revised deadline of March 2018. The project is estimated to cost close to $ 65-70 million (approximately ₹ 500 crore).
According to Sheelika Ravishankar, Marketing and Outreach, Team Indus, the company would launch a platform (for crowd funding) in the next couple of weeks inviting people to contribute towards its ‘Moon Mission’.
Team Indus needs to launch its lander and rover by early March to win the prize by the end of that month. Team HAKUTO is also scheduled to fly its rover on the same mission, which is scheduled to launch on an Indian PSLV booster.
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.
While TeamIndus – consisting of several engineers, specialists and finance experts – has signed a deal with the Indian Space Research Organisation to book the Polar Satellite Launch Vehicle for a potential launch, funding issues have even resulted in a few missed payments, sources said.
Rahul Narayan of TeamIndus admitted that a part of the budget is yet to be raised, although he did not directly comment on the missed payments.
“TeamIndus inked its launch services agreement with Antrix (the commercial arm of ISRO) in late 2016. The entire TeamIndus moon mission programme is expected to cost approximately $70 million, of which nearly two-thirds has already been committed. We do not comment on individual cost line items in accordance to our agreements with various partners,” Narayan said.
Sources in TeamIndus told ThePrint that meeting the March deadline may not be possible due to both technical and financial barriers. However, an extension in deadline and significant fund raising could give new life to the initiative.
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.
It looks as if the next Electron flight test will take place in late October.
The second of Rocket Lab’s three planned test flights is scheduled later this year. If that launch goes well, the company will likely delete the third demonstration mission, and the first commercial Electron flight could be ready for takeoff by the end of December, [CEO Peter] Beck said last week.
“We’ve got the next test flight rolling out out to the pad in about eight weeks’ time,” Beck said. “If it’s a really good clean flight, we’ll probably accelerate into commercial operations.”
Once Rocket Lab delivers the next Electron rocket to the launch pad, ground crews will spend several weeks readying the booster, rehearsing countdown procedures, and verifying all of the vehicle’s sensors and instruments are functioning.
“This vehicle, again, has on the order of 25,000 or 30,000 sensors, so for us these flights are all about gathering data, so there’s a lot of ‘go-no go’ criteria around those sensors,” Beck said. “Usually, it takes us a good couple of weeks to get all that buttoned up, and then we’ll be ready to launch.”
One of Rocket Lab’s first commercial missions is set to send a robotic lunar lander into space for Moon Express, a Florida-based aerospace developer vying to win the Google Lunar X-Prize, which requires a successful landing on the moon by the end of 2017.
There are some potential snags for Team Indus and Team HAKUTO in their efforts to win the Google Lunar X Prize.
Team Indus and a Japanese team, Hakuto, are contracted to fly on ISRO’s PSLV XL rocket on December 28, 2017, three days before the closure of the deadline for the Google X Prize contest. The two teams will share the nearly $30 million commercial cost for the launch.
“The necessary approvals for launch of the Team Indus moon mission has not yet concluded. An MoU was signed last year by Antrix Corporation and Team Indus. The launch service has to be authorised by the government and the approval process is going on,” Antrix chairman and managing director Rakesh Sasibhushan said. Sources in ISRO said the MoU is under scrutiny and various questions are being asked about the nature of the launch, the Google Lunar X Prize competition and intellectual property issues involved.
“We have not heard of any questions being raised by the government. We have a launch contract that was signed last year,’’ Team Indus leader Rahul Narayan said when contacted. A private company, Axiom Research Labs Ltd, is the start-up that created Team Indus.
The mission is expected to cost Team Indus in the range of $70 million to build its moon rover and spacecraft from scratch and to launch it to the moon. The venture has received the backing of the likes of Ratan Tata, Infosys co-founder Nandan Nilekani, Flipkart founders Sachin and Binny Bansal, TVS Group’s Venu Srinivasan, stock market investor Rakesh Jhunjhunwala and many tech sector start-up investors.
There are still a lot of questions about Team Indus. Is the hardware ready? Do the full amount to pay for the mission? Can they really rely on ISRO to launch on time given the many delays in the agency’s schedule?
And here’s one for the Google Lunar X Prize: how does a MoU counts as a verified launch contract? Were you guys accepting anything to keep the prize alive?