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. The company's core mission involves designing and executing lunar landing missions, exemplified by its Beresheet lander, which made SpaceIL the first private entity to reach the Moon. Currently, SpaceIL is focused on promoting the Beresheet 2 Mission while continuing its educational outreach activities. It operates within the Aerospace, Defense & HLS sector, specifically targeting space exploration within industrial manufacturing and aerospace industries.
Strategic signal
In September 2022, SpaceIL announced the adoption of a new navigation solution for its upcoming moon landing mission. This development signals a critical advancement in the organization's technical capabilities and strategic preparation for future lunar endeavors, indicating a continued commitment to innovation and mission success for investors and innovation teams.
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.