TeamIndus is the only Indian team competing for theUSD 30 million prize that requires privatelyfunded teams to land their spacecraft on the surface of themoon, 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 wouldsay in space you always can expect the unexpected and this team has the ability to tackle the problems," Chairman ofthe panel Professor Alan Wells told reporters here.
The spacecraft will take 4 kg Japanese Hakutosrover on it to the moon along with its own indigenously designed and developed robotic rover.
The panel of expert judges consisting of eminent space scientists and aerospace engineers drawn from some of the finest institutions from around the world are on a five-day review visit.
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The exercise formed part of the overall review to gauge readiness of TeamIndus Moon Mission as it nears launch.
On the launch schedule, Narayan said they were hopeful of completing the mission in next three to six months.
The deadline for the completion of mission fixed by the Google Lunar XPRIZE is March 31 next year.
In response to a question on investments, Narayan said, "The total cost of the programme is expected to be around Rs 450 crore, out which more than half has been collected and spent and for the rest talks are on with sponsors andothers who are interested in spending on this mission."
Other than TeamIndus the other four finalist teams who have a verified launch contracts are SpaceIL(Israel), Moon Express (USA), Synergy Moon (International) andHAKUTO (Japan).