India became the first country to land a spacecraft near the moon's south pole after Russia's attempt at a lunar touch down in the same area ended in failure following an engine malfunction.
at 6:04 p.m. local time on Wednesday, after Russia's Luna-25 crashed into the moon on Sunday. A rover, named Pragyan, or wisdom, is set to analyze the chemical makeup of the moon's surface and search for water over the course of one lunar day, which is equivalent to 14 days on Earth.A successful touch down lifts India's prestige in the global space race, after the country suffered a setback from a failed moonin 2019.
Shares of 13 Indian space-sector companies, including PTC Industries Ltd., Zen Technologies Ltd. and Centum Electronics Ltd., rallied and added more than $2.5 billion in market value this week, according to data complied by Bloomberg.
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