Billionaire Donates $5 Million to SpaceIL

Lunar lander (Credit: SpaceIL)

The Jerusalem Post reports that Israeli-Canadian billionaire Sylvan Adams has donated $5 million to SpaceIL, which plans to land a private spacecraft on the moon next year.

“This contribution to strengthening the Israeli space program, and encouraging education for excellence and innovation among the younger generation in Israel, is the best gift I could have asked for,” said Adams, who recently celebrated his 60th birthday, as he announced his contribution at the Israel Aerospaces Industries (IAI) MBT Space Division in Yehud, where the spacecraft is being assembled.

“I believe that sending the first Israeli spacecraft to the moon will inspire Israeli school children to take up STEM [science, technology, engineering and mathematics] studies and think about space exploration, and especially to believe that everything is possible,” Adams said.

Adams joins a group of donors who have contributed to the lunar project, including Amdocs founder Morris Kahn, Sam Sagol, Steven Grand, the Adelson Family Foundation and the Charles and Lynn Schusterman Foundation.