Israeli Lunar Landing Venture Says It Secures $70 Million for 2024 Launch

An unmanned spacecraft is seen during a presentation to the media by members of Israeli non-profit group SpaceIL and representatives from Israel Aerospace Industries (IAI), at the clean room of IAI's space division in Yehud, Israel, on Dec. 17, 2018. Amir Cohen/Reuters

JERUSALEM—An Israeli space group is on course to make its second attempt at an unmanned lunar landing in 2024 after securing $70 million in private funding for the mission.

The SpaceIL organisation said on Sunday that Patrick Drahi, a Franco-Israeli billionaire and controlling shareholder of Altice Europe, would donate the funds along with SpaceIL chairman Morris Kahn and South African businessman Martin Moshal.