The last spacecraft took a few days to reach the moon, but the SpaceIL will be fired into the oval orbit-a voyage in which two months would take but would fast save on carrying the necessary fuel for the trip.
Only three nations worldwide have achieved a controlled landing on the moon's surface; a landing would make the Middle Eastern nation the fourth, joining the United States, Russia, and China.
The project began when young engineers - Yariv Bash, Kfir Damari and Yonatan Winetraub - made a decision to build a spacecraft and take part in the Lunar Xprize competition sponsored by Google, which originally included a $20 million prize for the first group of contestants to land an unmanned spacecraft on the moon.
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It is anticipated that the lander - which will be the smallest craft to land on the moon, weighing only 600 kilograms (1,322 pounds) - will take around two months to reach its destination from launch to landing. In addition to Morris Kahn in the implementation of the project invested by the Israeli space Agency, and American billionaire Sheldon Adelson.
"After eight challenging years, I am filled with pride that the first Israeli spacecraft, which is in its final construction and testing phases, will soon be making its way to the moon", said Kahn. Its maximum speed will reach more than 10 kilometers per second (36,000 kilometers, or almost 22,370 miles, per hour).
Despite financial pitfalls in recent years that almost saw SpaceIL's spacecraft grounded permanently, the team is confident December's launch will take place on time.
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The aim of the mission is not only to put an Israeli spacecraft on the moon, but to inspire a future generation of Israelis to pursue careers in math, science and engineering, said Joseph Weiss, IAI's president and chief executive and a founder of Israeli communications and media technology developer Amdocs Ltd.
Anteby said the SpaceIL craft - bearing an Israeli flag - will disengage from the launch rocket at an altitude of 60,000 kilometers (37,282 miles) and will begin orbiting Earth in elliptical orbits. "When the rocket is launched into space, we will all remember where we were when we landed on the moon".
Landing the lunar module on the surface of the satellite is expected in February 2019.
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No government has landed a craft on the moon since the 1970s, but interest has revived recently.