The world’s first astronomical observatory bound for the Moon was announced today as a joint venture between the International Lunar Observatory Association (ILOA) and Google Lunar X Prize contender Odyssey Moon Limited. A dual function ILO precursor instrument demonstrating observation and communication techniques will be part of the scientific and commercial payloads aboard Odyssey Moon’s inaugural “MoonOne” lander mission, destined for the lunar equator by 2011. - July 22, 2008