Canadian Billionaire Contributes $5M To Israel's Moon-Bound Startup SpaceIL | News Brief
18 Nov 2018 6:30 PM GMT
Sylvan Adams, who helped build the Mideast's first indoor velodrome and brought the Giro d'Italia to Israel this summer, is now joining efforts to land an Israeli spacecraft on the moon.
- Canadian-Israeli billionaire Sylvan Adams, a cycling enthusiast who helped build the Middle East’s first indoor velodrome cycling racetrack in Tel Aviv and brought the Giro d’Italia to Israel this summer, is contributing $5 million to Israeli startup SpaceIL which is set to launch Israel’s first spacecraft to the moon early next year.
- SpaceIL said Monday that Adams would be joining the unique initiative, which, if successful, will see Israel become the fourth country — after the US, Russia, and China — to complete a controlled lunar landing.
- The initiative, according to SpaceIL, is also meant to increase interest in space and science among Israeli, particularly in younger generations, and encourage them to study in STEM (science, technology, engineering, and mathematics) fields.
- Also in October, Israel signed an agreement with NASAÂ to fit advanced space tech on the Israeli spacecraft.
Next Story
