Canadian Billionaire Sylvan Adams Backs Israeli Moon Landing Initiative
Adams donated $5 million to SpaceIL, whose goal is to land the first Israeli-made unmanned spacecraft on the moon in early 2019
SpaceIL was founded in 2011 to compete in Google’s 10-year space race competition Lunar X Prize, later becoming one of the five finalists. After the competition concluded with no winners in January, SpaceIL announced it would continue with its moon landing mission. In October, SpaceIL said it expects to launch its unmanned spacecraft in early 2019. Also in October, the Israel Space Agency announced a grant of up to $2 million (NIS 7.25 million) to SpaceIL.