A decade-old dream ended in January when Bengaluru’s TeamIndus, India’s first aerospace start-up, announced that Indian Space Research Organisation (Isro) would not be ferrying TeamIndus’ lander to the moon. The launch agreement between the private aerospace company and the space agency had been terminated.
This meant India’s first private aerospace company was out of Google's Lunar XPRIZE contest. The Lunar XPRIZE contest offered $30 million to the first private entity (at least 90 per cent of funding had to be from private sources) to land a moon-rover, which travelled for 500 metres on the moon's surface, and transmitted video
This meant India’s first private aerospace company was out of Google's Lunar XPRIZE contest. The Lunar XPRIZE contest offered $30 million to the first private entity (at least 90 per cent of funding had to be from private sources) to land a moon-rover, which travelled for 500 metres on the moon's surface, and transmitted video
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