Google Inc is collaborating with the X PRIZE Foundation in organizing a contest where private firms are being invited to land a robot rover on the surface of the moon.
The first prize of $20 million will be given to the private firm that lands a rover on the moon and travels a distance of 500 meters and shoots specific video images. The second firm to accomplish the task will get $5 million.
An additional $5 million would be awarded if the rover manages to travel further, shoot pictures of Apollo hardware and finds any water or ice on the surface of the moon.