Competition Summary
The Google Lunar X Prize offers a total of US$30 million in prizes to the first privately funded teams to land a robot on the Moon that successfully travels more than 500 meters (1,640 ft) and transmits back high definition images and video. The first team to do so will claim the US$20 million Grand Prize; while the second team to accomplish the same tasks will earn a US$5 million Second Place Prize. Teams can also earn additional money by completing additional tasks beyond the baseline requirements required to win the Grand or Second Place Prize, such as traveling ten times the baseline requirements (greater than 5,000 meters (3 mi)), capturing images of the remains of Apollo program hardware or other man-made objects on the Moon, verifying from the lunar surface the recent detection of water ice on the Moon, or surviving a lunar night. Additionally, a US$1 million Diversity Award may be given to teams that make significant strides in promoting ethnic diversity in STEM fields. Finally, Space Florida, one of the "Preferred Partners" for the competition has offered an additional US$2 million bonus to teams who launch their mission from the state of Florida.
The Google Lunar X Prize expires when all constituent purses have been claimed or at the end of the year 2015 (whichever comes first). To provide an added incentive for teams to complete their missions quickly and thereby create the first vehicles to operate on the surface of the Moon since 1976, the value of the Grand Prize will decrease from US$20 million to US$15 million whenever a government-led mission lands on and explores the lunar surface. This timeframe is in possible competition with China's plans to land its Chang'e 3 lunar lander/rover on the lunar surface in 2013.
The closing date for the competition was originally announced to be Dec 31, 2012 for the 'Grand Prize' of $20M and 2014 for the reduced prize of $15M. In 2010 the closing date was extended to Dec 31, 2015.
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