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IPFS News Link • Space Travel and Exploration

Google Lunar XPrize will not be claimed

• https://www.nextbigfuture.com, brian wang

The grand prize of the $30M Google Lunar XPRIZE will go unclaimed.

Google had twice extended the deadline by two years. Originally the target date was 2014. Google has chosen not to extend the date a third time.

Five teams, SpaceIL, Moon Express, Synergy Moon, TeamIndus, and HAKUTO have each secured a contract to launch their spacecraft. 

Over the course of this competition:

* Teams and the companies that own the teams have raised more than $300 million through corporate sponsorships, government contracts and venture capital, including the largest space-related series A investment of $90 million;
* Hundreds of jobs were created and the first commercial space companies were established in India, Malaysia, Israel and Hungary;
* Through educational programs, we have engaged hundreds of thousands of young people across the globe, sparking an interest in exploration and STEM fields;
* We have also seen regulatory reform: one team received the first-ever 'Mission Approval' from the U.S. government to send a private spacecraft beyond Earth's orbit and to the Moon in their quest to complete their first lunar mission;
* We have already awarded more than $6 million in prize money to teams over the course of the competition, in recognition of the milestones they have accomplished


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