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Capitalism in space: SpaceIL, the Israeli non-profit building a lunar lander/rover that had been a finalist in the Google Lunar X-Price, announced today that it has received a $5 million donation from a Canadian billionaire.
SpaceIL announced Monday that [Sylvan] Adams would be joining their groundbreaking project and donating $5 million to the effort. The nonprofit organization’s spacecraft is due to be launched in early 2019 and reach the moon two months later, making Israel only the fourth country to soft-land on the lunar surface.
“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.
SpaceIL has said it’s mission is focused on education and inspiring Israel’s youth. If so, it seems to me that it is missing the boat. There is money to be made marketing their ability to build inexpensive planetary spacecraft.