LOS ANGELES--(BUSINESS WIRE)--XPRIZE, the global leader in incentivized prize competition, today announced that the deadline for the $30M Google Lunar XPRIZE has been officially extended until December 31, 2016. As part of this revised timeline, at least one team must provide documentation of a scheduled launch by December 31, 2015, for all teams to move forward in the competition.
“We continue to see significant progress from our Google Lunar XPRIZE teams, most recently demonstrated in the pursuit of the Milestone Prizes, in which teams exhibited substantial technological achievements that will ultimately support their missions,” said Robert K. Weiss, vice chairman and president, XPRIZE. “We know the mission we are asking teams to accomplish is extremely difficult and unprecedented, not only from a technological standpoint, but also in terms of the financial considerations. It is for this reason that we have decided to extend the competition timeline. We firmly believe that a whole new economy around low-cost access to the Moon will be the result of the Google Lunar XPRIZE.”
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