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It's also the only Indian organisation competing for the Google Lunar XPRIZE, a $30-million reward that requires privately funded teams to land their spacecraft on the surface of the moon, travel 500 metres, and broadcast high-definition video, images, and data back to earth.

The company has been working on the project since 2011 and said that it will launch its moon-bound spacecraft aboard the Polar spacecraft aboard the Pola Satellite Launch Vehicle (PSLV), on December 17.

Rahul Narayan, TeamIndus' fleet commander, further expressed that this will help India to join an exclusive club of nations with proven technology to soft-land on the moon, thereby opening newer avenues of space exploration.
"If you treat space as the new frontier, then who better than the next generation of people who bring in new innovative approaches. We want to see there is enough capacity to make use of the knowledge in India for the world market," said AS Kiran Kumar, chairman, ISRO.
TeamIndus has the most impressive bunch of investors; Ratan Tata, Nandan Nilekani, Sachin Bansal and Binny Bansal, Rajiv Mody of Sasken Communications, Jagdish Mehta of CTS India, Venu Srinivasan of TVS Group, Anand Deshpande of Persistent Systems and stock market investors Rakesh investors Rakesh Jhunjhunwala, Ashish Kacholia, RK Damani among others.

In a launch window starting on December 28, 2017, the PSLV will inject the spacecraft into an orbit 880 km x 70,000 km around the earth.The Spacecraft will then undertake a 21-day journey to soft land in Mare Imbrium, a region in the north-western hemisphere of the moon.
If the mission is successful then ISRO scientists will the use the technology and develop the Chandrayaan-2 lander for exploration of Moon. It will be ISRO’s second mission to the moon after the success of Chandrayaan-1 mission in 2008.
(Also read: We Are Ready For Chandrayaan II, Says ISRO Chairman Kiran Kumar)
The Chandrayaan-2 mission, however, stays privy to the officials, and no dates of its launch have been announced as of yet.

Courtesy: India Times

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