Team Indus is building a spacecraft which it hopes will soft-land on the moon by December 2017. It is the only Indian entry in the Google Lunar XPrize (GLXP), Bloombergquint reported.
All participating teams are 90 percent privately-funded.
Team Indus’s robot is now pitted against 16 other robots in a competition that started off with 29 teams.
Not only do these teams have to successfully land a rover on the moon, they also need to cover at least 500 metres on the moon’s surface and be able to transmit high definition video and images back to earth.Bloombergquint’s report
If Team Indus is successful, it could win a 30$ million prize and also earn the tag of being the only Indian team to do so and more than 85 engineers and 15 former ISRO scientists are helping the team to ensure that they win.
Funding for a project of this scale is definitely a challenge but we have been lucky to have strong backers like Nandan Nilekani and other top entrepreneurs. We feel confident that we will be able to raise the funds and actually win this competition.Vivek Raghavan, Technology Leader at Team Indus
Read the full story on Bloombergquint.