TeamIndus will launched India’s first private moon mission in 2017

TeamIndus, a Bengaluru-based private aerospace company, has said it will send a spacecraft to the moon on December 28, 2017, aboard an Indian Space Research Organisation (ISRO) rocket.  The mission’s aim is to land this spacecraft on the moon, have it travel at least 500 metres and beam high- definition video, images and data back to the earth.

  • Were it to be successful, it would likely pip ISRO’s proposed moon-lander mission — Chandrayaan 2 — that is yet to formally announce a launch date.
  • In 2008, Chandrayaan 1 became the first Indian space mission to send a spacecraft that circled the moon.
  • Except for the launch vehicle, all of the technology that will power the rover and lander is developed in-house by TeamIndus.
  • TeamIndus has high-profile investors, including Ratan Tata of the Tata Group; Sachin and Binny Bansal, co-founders of Flipkart and Nandan Nilekani, co-founder of Infosys Ltd, and is a 100-member team of engineers, space enthusiasts, former Air Force pilots and former ISRO employees.
  • It is one of the four international teams — and the only one from India — in the running for the Google Lunar XPRIZE, a $30 million (approx. Rs. 200 crore) competition, to encourage private companies to launch space missions.
  • Two U.S.-based companies, Moon Express and Synergy Moon and one Israeli company — SPACE 1 L — have so far announced agreements with space-launch-vehicle companies such as SpaceX. Other than technical requirements, the prize rules also require that companies be 90% privately funded.

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