Current Affairs - Business - Discussion

Israel's first moon lander, the 585 kg "Beresheet" ("Genesis" in Hebrew), was launched atop a Falcon 9 rocket from the private US-based SpaceX in Florida, United States. At a cost of USD 100 million, it is the lowest-budget spacecraft to ever undertake such a mission. It is part of renewed global interest in the Moon, sometimes called the "Eighth Continent" of the Earth. The project is funded almost entirely by donations making it the first privately backed lunar lander mission.It was notably financed by businessman and philanthropist Morris Kahn. Other partners include Israel Aerospace Industries (IAI), Israel's space agency and Israel's Ministry of Science and Technology. Beresheet carries a "time capsule" loaded with digital files containing a Bible, children's drawings, Israeli songs, memories of a Holocaust survivor and the blue-and-white Israeli flag. Landing is the main mission, but the spacecraft also carries a scientific instrument to measure the lunar magnetic field, which will help to understand of the Moon's formation.