Israel’s SpaceIL Secures Funds For New Lunar Mission
SpaceIL, the nonprofit Israeli initiative whose spacecraft crashed on the moon two years ago, said Sunday that it has secured $70 million in funding to make a second attempt at a lunar landing.
SpaceIL said the new pledges means that it has raised almost all of the $100 million it estimates is needed for the mission to meet its 2024 launch target.
SpaceIL said the funding would come from South African-Israeli billionaire Morris Kahn, who bankrolled much of the first mission, French-Israeli billionaire Patrick Drahi and South African philanthropist Martin Moshal, co-founder of venture capital firm Entree Capital.
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