Monday, December 23

Tag: Google Lunar Xprize

Teamindus is on Right Path, Made Substantial Progress
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Teamindus is on Right Path, Made Substantial Progress

Indian team has made "substantial progress" and was in the "right direction" said an international panel of judges from the Google Lunar XPRIZE during visit of the Teamindus office today. TeamIndus is the only Indian team competing for the USD 30 million prize that requires privately funded teams to land their spacecraft on the surface of the moon, travel 500 metres and broadcast high definition video, images and data back to Earth. "I think we have seen very substantial progress...They are heading in the right direction. However, I would say in space you always can expect the unexpected and this team has the ability to tackle the problems," Chairman of the panel Professor Alan Wells told reporters here. TeamIndus will launch its 600 kg spacecraft on board  ISROs Polar Satellite Launc...
TeamIndus Inks Pact With ISRO; Aims to Raise $45 Million By October 2017
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TeamIndus Inks Pact With ISRO; Aims to Raise $45 Million By October 2017

TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE. TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires privately funded teams to land their spacecraft on the surface of the moon, travel 500 metres and broadcast high definition video, images and data back to earth. The team, which has received support from industry veterans including Ratan Tata (Tata Group), Nandan Nilekani (Infosys), Sachin Bansal and Binny Bansal (Flipkart) and Venu Srinivasan (TVS Group) among others, also aims to raise about USD 45 million by October next year to fund the project. "The total expense of the project is abo...