Journey to the Moon – Second Experience: SpaceIL announced today (Sunday) the completion of an extraordinary $ 70 million fundraiser. A group of philanthropic entrepreneurs including the Patrick and Lina Drahi Foundation, Maurice Kahn Foundation, Moshal Space Foundation and partners Entra Capital donated the money. Following this move, there is a high probability that the budget for the project, which is estimated to cost NIS 100 million, will be paid and will allow the timetable for launch in 2024 to be met.
Following the fundraising, a new board of directors has been appointed for the association and it includes the representatives of the new donors. The board will be chaired by Maurice Kahn, in addition to whom other directors have been appointed: Angelina Drahi, Chairman of the Patrick and Lina Drahi Foundation; Amalia Zarka, Director of the Drahi Family Philanthropic Foundation; Tal Granot Goldstein, CEO of the HOT Group; Frank Malul’s CEO of i24; Aviad Eyal’s managing partner at Entrée Capital and representative of the Moshal Space Foundation; Daphne Jackson’s CEO of Kahn family office. These join the existing members of the Board of Directors, including: Prof. Itzik Ben Israel, Avi Hasson, Arie Helzband and Yaakov Levy.
The Genesis 2 mission is planned to break several records in world space history between them: a double landing on the moon in one mission; Landing on the far side of the moon (to date only China has managed to land there); Landings (adjacent to the parent spacecraft) will be the smallest spacecraft ever launched into space (each weighing 120 kg with fuel and 60 kg without fuel); In addition, the mother spacecraft is planned for a long-term mission of about 5 years and will be a platform for scientific educational activities in Israel and around the world, through remote connection, which will allow students from different countries to participate in scientific research in deep space.
Angelina Drahi, Chair of the Patrick and Lina Drahi Foundation, said: “We are pleased to be a partner in this historic project, which will strengthen Israel’s position as an actress in the international arena and inspire young people around the world. The Drahi Foundation aims to promote innovation and entrepreneurship as well as education “Scientific, in order to establish the State of Israel as a world power in these fields. As part of the project, the foundation will focus on promoting the important educational aspect. We are proud of this partnership, which coexists with other projects of the foundation in establishing leading academic innovation centers in Israel and abroad.”
Maurice Kahn, chairman of the board of SpaceIL, said that the “Genesis” project is the mission of my life, so I decided to return to it. I intend to do everything to bring Israel back to the moon, and this time for a double historic landing. As an entrepreneur, I believe that we must continue to push for new challenges all the time and even double the risk, the new task before us will once again place Little Israel as a global pioneer in the field of space as well. I am proud to be part of a group of entrepreneurs, philanthropists, dreamers, led by the Drahi family, who have joined the new journey in the race of private space groups. “
Avi Eyal, partner and CEO of Entra Capital and representative of the Moshal Space Foundation: “I believe that successful entrepreneurs and investors in the startup country have a commitment to give back to different layers of Israeli society to expand the circles of success. As part of our commitment to the next generation and in order for Israel to continue to flourish and be an example to other countries, we must invest in the next generation’s technology education, develop their curiosity, think outside the box and push boundaries to the impossible. It is an honor for us to participate and take part in the SpaceIL project. “
Shimon Sarid, CEO of SpaceIL, stated: “I thank our dear donors who believe in the power of Genesis 2’s unique mission to inspire an entire generation of students and dreamers, and to express confidence in SpaceIL’s ability to accomplish this challenging task, which will position Israel and Israeli industry Global technology, when it comes to deep space activity. “
SpaceIL is a non-profit organization working to advance the next generation of scientists, engineers and dreamers through innovative deep-space missions, through advanced science and education and inspiration in the fields of technology and science. The organization has hundreds of volunteers and it has managed to touch over two million children over the years. In April 2019, it became the first private entity to reach the moon as part of the “Genesis” mission, thus positioning Israel as the seventh country to reach the moon and the fourth country to attempt to land on the moon after the United States, Russia and China.