SpaceIL

Growth-Negative

SpaceIL, the Israeli non-profit organization behind the Beresheet lunar lander, is seeking new funding partners after its main investor, Morris Kahn, decided to stop funding the project. The Beresheet 2 project, which aims to land a spacecraft on the moon for the second time, was estimated to cost $45 million. The organization is now reassessing the situation and is continuing its efforts to find new donors to replace Kahns group.

growth-positive

SpaceIL has partnered with Lulav Space and Ramon.Space to provide an advanced navigation solution for Israels next private moon missions. The Beresheet 2 missions are scheduled for 2025 and aim to conduct a double landing on both sides of the Moon. Lulav Space will implement its vision-based landing sensor algorithms on Ramon.Spaces computing platforms to create a cost-efficient and high-performing navigation solution. Ramon.Spaces computing infrastructure has already been used in over 50 space missions, while Lulav Space develops customizable sensors for space missions. The partnership will support the accuracy and success of the lunar landings.

growth-positive

SpaceIL has raised $70 million in financing for its Beresheet 2 lunar mission, scheduled for 2024. The funding was donated by Morris Kahn, Patrick Drahi, and Martin Moshal. The mission aims to promote innovation, entrepreneurship, and scientific education in Israel. Beresheet 2 will consist of three craft, with the mother craft remaining in space and two landing craft responsible for different missions on the moon. If successful, the mission will be groundbreaking by landing two craft on the moon and following in Chinas footsteps by landing a craft on the far side of the moon. SpaceIL chairman Morris Kahn expressed his commitment to the project, stating that he plans to take Israel back to the moon for a historic double landing.

growth-positive

The Parasol Foundation Women in SpaceIL program, launched by SpaceIL and the Parasol Foundation, will provide scholarships to female engineering students and graduates and allow them to participate in the construction of the next lunar spacecraft. The program aims to create new opportunities for women in the space tech industry. In addition, Ruth Parasol and her foundation are contributing funds to the Beresheet 2 lunar mission. The initiative also includes a project to analyze the gender gap in space research and engineering in Israel. SpaceIL is a non-profit association that became the first private entity to reach the Moon in 2019.

growth-positive

SpaceIL, the Israeli group behind the failed attempt to land a spacecraft on the moon in 2019, has hinted at a second attempt. The non-profit organisation published a video on Twitter with the caption Back to the Moon and the date December 9, 2020. SpaceILs first attempt, the Beresheet project, crash-landed on the moon in April 2019. The Beresheet 2 project, a second attempt to land a spacecraft on the moon, was announced shortly after and was expected to take about three years to complete.

growth-positive

Israeli non-profit organization SpaceIL plans to launch the Beresheet2 mission in Q4/2024. The mission aims to achieve several world-class achievements in global space, including a dual landing on the Moon and landing on the far side of the Moon. SpaceIL has issued a call for proposals from organizations worldwide for scientific experiments related to the mission. The proposals should focus on research fields such as lunar soil, environmental conditions, sustainability, astrobiology, and comparative data. SpaceIL aims to combine scientific research with educational programs to inspire and engage young people in science. The organization recently secured $70 million in funding from entrepreneurs-philanthropists, including Patrick Drahi, Morris Kahn, and the Moshal Space Foundation, in partnership with Entrée Capital.

growth-positive

The iCenter for Israel Education has created a portable escape room experience inspired by SpaceIL, a non-profit organization that aims to land the first Israeli spacecraft on the moon. The escape room travels across North America and educates participants about Israeli history, arts and culture, Jewish mysticism, and STEM. The activity also promotes teamwork and problem-solving skills. Participants have included educators, administrators, and students.

growth-negative

SpaceIL has announced the cancellation of its Beresheet2 project, stating that a similar voyage to the moon would not be challenging enough. Despite the crash landing of the first spacecraft, the overall journey was considered a success and broke many world records. The project had a significant impact on mankinds future voyages to the moon. SpaceIL will now seek a more significant challenge and is looking to the public for suggestions. Israeli billionaire Morris Kahn funded most of the Beresheet program.

growth-positive

Jewish Canadian Billionaire Sylvan Adams has donated $5 million to SpaceIL, an Israeli non-profit organization aiming to land the first Israeli-made unmanned spacecraft on the moon. The donation was announced during a tour of Israel Aerospace Industries Ltd., where SpaceILs spacecraft is undergoing testing. The goal of landing an Israeli spaceship on the moon is to inspire science and technology education in Israel.

growth-positive

SpaceIL, a non-profit organization, has signed a launch contract with SpaceX to reserve a place for its satellite on a rocket scheduled for takeoff in 2017. The cost of participating in the launch is over $10 million, which was raised from SpaceILs two main donors. The launch increases SpaceILs chances of winning the $20 million Google Lunar XPRIZE competition. If SpaceIL wins, it plans to donate the prize money to Israeli science and technological education. SpaceILs unique engineering solution allows for lower launching costs compared to other representatives in the competition. The signing of the launch contract moves Israel closer to becoming a player in space exploration.