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Nearly 40 years after Americans first set foot on the moon on July 20, 1969 with NASA's historic Apollo 11 flight, a host of private rocketeers are hoping to follow to win a $30 million prize.
That tested technology includes a balloon that can carry ARCA's European Lunar Explorer (ELE) space probe into the upper atmosphere, eliminating the need for a traditional launch pad and allowing ARCA to launch close to the equator from a sea platform. The "0" pressure balloon design is similar to a giant black hot-air balloon that uses solar energy to heat the air inside, instead of the burner that normal hot-air balloons use.
Originally posted by bharata
I think the latest date set for the completion of the challenge is during 2014 so not long to wait at all.