Press release

XPRIZE Foundation Announces $1 Million ‘Moonshot Award’ for Technical Achievements Outside of an Active XPRIZE Competition

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XPRIZE,
the global leader in designing and operating world-changing incentive
competitions, announces that it will offer a $1 million Moonshot Award
in recognition of an XPRIZE team demonstrating the achievement of a
“moonshot” technological feat outside the parameters or timeframe of an
XPRIZE competition.

The Award is inspired by SpaceIL, a former Google Lunar XPRIZE team,
whose mission to become the first private, non-government entity to land
on the surface of the Moon is underway, with an anticipated landing on
April 11, 2019. A successful lunar landing will result in SpaceIL
receiving the inaugural Moonshot Award from XPRIZE.

“Though the Google Lunar XPRIZE went unclaimed, we are thrilled to have
stimulated a diversity of teams from around the world to pursue their
ambitious lunar missions, and we are proud to be able to recognize
SpaceIL’s accomplishment with this Moonshot Award,” said Anousheh
Ansari, chief executive officer of XPRIZE.

SpaceIL was founded in 2011 by Yariv Bash, Kfir Damari and Yonatan
Winetraub, in order to compete in the Google Lunar XPRIZE. In 2015,
SpaceIL became the first team to announce a launch contract, and they
launched for the Moon on a SpaceX Falcon 9 on February 21, 2019.

“SpaceIL’s mission represents the democratization of space exploration.
We are optimistic about seeing this first domino fall, setting off a
chain reaction of increasingly affordable and repeatable commercial
missions to the Moon and beyond,” said Peter H. Diamandis, founder and
executive chairman of XPRIZE.

XPRIZE will consider future Moonshot Awards in other domains,
recognizing both literal and figurative moonshots.

About XPRIZE

XPRIZE designs and operates global competitions to incentivize the
development of technological breakthroughs that accelerate humanity
toward a better future. Active competitions include the $20M NRG COSIA
Carbon XPRIZE, the $15M Global Learning XPRIZE, the $10M ANA Avatar
XPRIZE, the $7M Shell Ocean Discovery XPRIZE, and the $5M IBM Watson AI
XPRIZE. For more information, visit www.xprize.org.