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Fri, Jul 17, 2009

Odyssey Moon Announces Alliance For Its Commercial Moon Venture

Google Lunar X PRIZE Contender Teams With Top Industry Leaders

Google Lunar X PRIZE contender Odyssey Moon Limited says that top industry leaders Near Earth LLC, WPP Group, Aon and Milbank have joined its corporate team. Odyssey Moon intends to become the first private company to supply payload delivery services to the Moon in support of science, exploration and commerce. This is the first time such major organizations have come together to support a commercial Moon venture.
 

As the world celebrates the 40th anniversary of "Moon 1.0" - mankind's first but short lived activities on the lunar surface - Odyssey Moon is forging ahead with its plans to capitalize on commercial opportunities created by renewed interests in exploring the Moon - "Moon 2.0".

Joining the Odyssey Moon venture is:

  • Near Earth LLC: a leading investment bank specializing in satellite, media and telecom
  • The Brand Union/WPP: one of the world's largest marketing and communications companies
  • Aon International Space Brokers: the leading global space risk advisor and provider of space related insurance
  • Milbank, Tweed, Hadley & McCloy LLP: a leading global law firm experienced in telecommunications and space

"This is a power house team, a dream team," said Dr. Robert (Bob) Richards, Odyssey Moon's CEO. "We are combining the very best from the global satellite industry with the very best of the space exploration community to make this company and its historic first mission a success."
"Odyssey Moon's team now includes world-class leaders from the areas of finance, insurance, law, marketing, communications, advertising, and technology," said Odyssey Moon chairman Dr. Ramin Khadem. "Each of these are esteemed firms that have been highly successful in their own right and now for the first time they have come together to support our lunar venture."

File Photo

Odyssey Moon has also announced the addition of veteran investment banker Ms. Carol Goldstein to its executive team. With a career spanning 25 years on Wall Street specializing in financing and corporate transactions in the commercial satellite and telecommunications industries at ABN AMRO and Morgan Stanley, Carol is leading the company's financial activities focused on its fundraising requirements. "I am very excited to be working with this world class group," she said. "While providing attractive returns to investors, Odyssey Moon creates new opportunities for public and private companies in lunar science, exploration and commerce."

FMI: www.odysseymoon.com

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