About the Google Lunar XPRIZE
The mission of the Google Lunar XPRIZE is to incentivize space entrepreneurs to create a new era of affordable access to the Moon and beyond.
Created in 2007, the Google Lunar XPRIZE has reinvigorated the public’s interest in the Moon by highlighting the endeavors and technological achievements of the competition’s global teams. It is also inspiring the next generation of scientists, engineers, space explorers, and adventurers.
How does the prize work?
The competition’s $30 million prize purse will be awarded to teams who are able to land a privately funded rover on the moon, travel 500 meters, and transmit back high definition video and images. The first team that successfully completes this mission will be awarded the $20 million dollar Grand Prize. The second team to successfully complete the mission will be awarded $5 million dollars. To win either of these prizes, teams must prove that 90% of their mission costs were funded by private sources. Teams have until the end of 2016 to announce a verified launch contract to remain in the competition and complete their mission by the end of 2017.
In addition, several bonus prizes are available for further technical and scientific achievements, such as surviving the lunar night or visiting an Apollo landing site.