Company Overview
Snapshot
Founded in January 2010 by Kfir Damari and Yariv Bash, SpaceIL operates with 51–200 employees. The organization has secured $89.4M in total capital across 4 funding rounds. In July 2021, SpaceIL raised $70M for its Beresheet 2 moonshot, with participation from Morris Kahn.
Business overview
SpaceIL is a nonprofit organization dedicated to lunar exploration and education, notably recognized for landing the first Israeli spacecraft on the moon, the Beresheet lander. The organization develops and utilizes advanced space technology to achieve its missions, serving the aerospace industry. SpaceIL is currently focused on promoting the Beresheet 2 Mission while continuing its educational activities.
Strategic signal
In September 2022, SpaceIL announced the adoption of a new navigation solution for its next moon landing mission. This strategic technological update signals the company's continued commitment to advancing its lunar exploration capabilities and addressing complex engineering challenges, which is crucial for future space missions and investor confidence in its technical prowess.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent funding event for SpaceIL?
- In July 2021, SpaceIL raised $70M for its Beresheet 2 moonshot. This funding round saw participation from Morris Kahn.
- What is SpaceIL's current primary mission?
- SpaceIL is currently working to promote the Beresheet 2 Mission, while continuing its educational activities. This follows its historic achievement in April 2019 of landing the first Israeli spacecraft on the moon.
- What new technology did SpaceIL adopt for its next mission?
- In September 2022, SpaceIL adopted a new navigation solution for its next moon landing, as reported by nocamels.com.
- What was SpaceIL's historic achievement in lunar exploration?
- In April 2019, SpaceIL became the first private entity in history to reach the Moon with its Beresheet lander, securing Israel's position as the seventh country to achieve this feat.
- What educational initiative did SpaceIL launch in January 2021?
- In January 2021, SpaceIL and Parasol Foundation launched a NIS 1.5M program aimed at boosting women's involvement in the space industry.