SpaceIL

SpaceIL

Landing the First Israeli Spacecraft on the Moon. Learn more
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DateInvestorsAmountRound

$22.4m

Grant
N/A

$66.0m

Grant
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$1.0m

Grant

$1.0m

Grant
N/A

$1.0m

Grant

$70.0m

Late VC
Total Funding$161m

Recent News about SpaceIL

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More about SpaceIL
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SpaceIL is a non-profit organization based in Israel that operates in the space industry. The company's primary mission is to advance scientific and technological education and promote interest in space exploration. In April 2019, SpaceIL made history by becoming the first private entity to reach the moon, positioning Israel as the seventh country to achieve this feat. This achievement not only inspired millions worldwide but also sparked a new generation of space enthusiasts in Israel.

SpaceIL's business model is unique as it operates as a non-profit. It relies on donations, partnerships, and volunteers to fund its projects. Major contributors include Morris Kahn, the Adelson family, Sylvan Adams, the Grand family, the Shusterman family, Sami Sagol, Mimi Sirkis, and Bezeq. Partnerships with the Israel Aerospace Industries, the Space Agency, the Weizmann Institute, the Ministry of Science and Technology, Tel Aviv University, and the Interdisciplinary Center Herzliya have also been instrumental in SpaceIL's success.

The company's current focus is on the "Beresheet 2" mission, alongside its ongoing educational activities. The Beresheet 1, the first Israeli spacecraft built by SpaceIL and the Israel Aerospace Industries, was launched into space in February 2019 and captured the moon a month and a half later in April. Despite a hard landing on the moon's surface, the mission was considered a significant achievement and a stepping stone for future endeavors.

SpaceIL's achievements have received global recognition from space experts and the general population alike. The Beresheet mission has inspired over a million students and connected them to science and technology studies. The team at SpaceIL believes in "inspiration through action" and continues to plan the next journey to the moon while nurturing the next generation of engineers, scientists, and entrepreneurs.

Keywords: SpaceIL, Non-Profit, Space Exploration, Education, Science and Technology, Private Space Travel, Moon Landing, Beresheet Missions, Donations and Partnerships, Israeli Aerospace Industry.