Israel’s SpaceIL shoots for the Moon for a second time, raises $70 million
You didn’t think that Israel wouldn’t try to take another shot at the Moon, did you? The “Beresheet 2” mission will takeoff for the moon in 2024. If successful, Israel will become only the forth country to land a space craft on the Moon. Imagine the look on the face of Tlaib, Omar, and AOC, when an Israeli spacecraft emblazoned with the Star of David lands on the moon.
Israel Back on Track to the Moon: SpaceIL Obtains Crucial Financing round for the Launch of the “Beresheet 2” Spacecraft in 2024!
Patrick Drahi, Martin Moshal and Morris Kahn will donate together US$ 70 million in favor of the mission. #Beresheet2 #Backtothemoon pic.twitter.com/ksNQdwIJ3g— Israel To The Moon (@TeamSpaceIL) July 11, 2021
Amazing news! #Israel‘s @TeamSpaceIL has raised $70 million as it sets its sights on a second shot for a moon landing in 2024. pic.twitter.com/Psy6t9fsw5
— StandWithUs (@StandWithUs) July 14, 2021
Israeli tenacity at its best. We’re back at it, this time with three spacecraft, aiming for moon orbit and landing. Good luck @TeamSpaceIL #Beresheet2 #Backtothemoonhttps://t.co/0YMiywrF5i
— Joshua L. Zarka (@yzarka) July 12, 2021
Israel’s SpaceIL shoots for the Moon for a second time, raises $70 million
Beresheet 2 mission hopes to launch in 2024 and will see double landing of two small crafts that will detach from mothership, one of them aiming for far side
By Times of Israel, July 16, 2021
paceIL, the organization whose Beresheet spacecraft crashed onto the moon’s surface two years ago in a failed landing bid, said Sunday it has raised $70 million from investors for a second mission to the lunar surface, to launch in 2024.
The financing was raised from a group of entrepreneur-philanthropists, comprising Patrick Drahi, from the Patrick and Lina Drahi Foundation; Morris Kahn and the Kahn Foundation, which also backed the first Beresheet mission; and the Moshal Space Foundation, in partnership with Entrée Capital.
The funding increases the probability of meeting the 2024 launch timetable, SpaceIL said in a statement. The total cost of the mission is estimated at $100 million, the startup said.
The “Beresheet2” mission plans to break several records in global space history, the company said, including a double landing on the Moon in a single mission by two of the smallest landing craft ever launched into space, each weighing 120 kilograms (265 pounds), half of which is fuel.
As part of the mission, a mothership will be launched into space, from which the two landers will detach. One of them aims to land on the far side of the Moon, which only China has accomplished to date, the statement said. The second craft is scheduled to land at an as-yet undetermined site on the Moon.
The mothership, meanwhile, will remain in space for five years and serve as a platform for educational science activities in Israel and worldwide via a remote connection that will enable students in multiple countries to take part in deep-space scientific research, the statement said.
The first Beresheet spacecraft crashed into the moon’s surface in April 2019 during its attempt to land on Earth’s satellite, dashing the hopes of hundreds of engineers who had worked on the project for years.
The spacecraft successfully initiated the landing sequence, but a few kilometers above the moon’s surface the main engine failed, meaning the spacecraft could not properly brake in time to cushion its landing.The first spacecraft was budgeted at $100 million, a fraction of the cost of vehicles launched to the moon by major powers US, Russia and China in the past. It was a joint venture between private companies SpaceIL and Israel Aerospace Industries, funded almost entirely by private donations from well-known Jewish philanthropists, including South African billionaire Morris Kahn, Miriam and Sheldon Adelson, Lynn Schusterman, and others.
The SpaceIL project launched as Israel’s entry into the Google LunarX challenge for nongovernmental groups to land a spacecraft on the moon. Google ended the contest in 2018 with no winners, but the Israeli team decided to continue its efforts privately.
Upon completion of the financing round for Beresheet 2, a new board of directors was appointed for the organization, which includes the representatives of the new donors. Morris Kahn was appointed as chairman of the board of directors alongside new directors Angelina Drahi, chairwoman of the Patrick and Lina Drahi Foundation; Amalia Zarka, general manager of the Drahi Philanthropic Foundation; Tal Granot-Goldstein, CEO of HOT Group; Frank Melloul, CEO of i24news; Aviad Eyal, managing partner of Entrée Capital and the representative of the Moshal Space Foundation; and Dafna Jackson, CEO of the Kahn family office. They will be joining the existing board members, including Prof. Isaac Ben-Israel, Avi Hasson, Arie Halsband and Ya’acov Levy.
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Source: https://gellerreport.com/2021/07/israels-spaceil-shoots-for-the-moon-for-a-second-time-raises-70-million.html/
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