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Nobel Prize Award Raised to Nearly $1 Million for 2023

FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
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Nobel Prize Award Raised to Nearly $1 Million for 2023

FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)

Winners of this year's Nobel Prizes will get an extra 1 million crowns, taking the total financial reward to 11 million Swedish crowns ($986,000), the Nobel Foundation, which administers the awards, said on Friday.

The prize money has been adjusted up and down in recent years and the award-givers said it was increasing the amount this year to reflect the Foundation's stronger financial position, Reuters reported.

In 2012, prize money was reduced from 10 million crowns to 8 million as the Foundation looked to shore up its finances. The prize amount was increased to 9 million in 2017 and in 2020 to 10 million - where it was prior to 2012.

Over the last decade, however, the Swedish crown has lost around 30% of its value against the euro meaning the most recent increase in the value of the prize won't leave winners outside Sweden feeling much richer.

In 2013, the prizes for achievements in science, literature and peace - which were first awarded in 1901 - were worth around 1.2 million dollars, despite the cut in the Swedish currency sum to 8 million crowns.

The Nobel Prize in Physiology or Medicine is the first of this year's prizes and will be announced on Oct. 2 followed by Physics, Chemistry, Literature and Peace on the following days.

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2 Private Lunar Landers Head Toward the Moon in Roundabout Journey

The Blue Ghost Mission 1 on a SpaceX Falcon 9 rocket lifts off from NASA's Launch Complex 39A at the agency's Kennedy Space Center in Cape Canaveral, Florida, USA, 15 January 2025. EPA/CRISTOBAL HERRERA-ULASHKEVICH
The Blue Ghost Mission 1 on a SpaceX Falcon 9 rocket lifts off from NASA's Launch Complex 39A at the agency's Kennedy Space Center in Cape Canaveral, Florida, USA, 15 January 2025. EPA/CRISTOBAL HERRERA-ULASHKEVICH
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2 Private Lunar Landers Head Toward the Moon in Roundabout Journey

The Blue Ghost Mission 1 on a SpaceX Falcon 9 rocket lifts off from NASA's Launch Complex 39A at the agency's Kennedy Space Center in Cape Canaveral, Florida, USA, 15 January 2025. EPA/CRISTOBAL HERRERA-ULASHKEVICH
The Blue Ghost Mission 1 on a SpaceX Falcon 9 rocket lifts off from NASA's Launch Complex 39A at the agency's Kennedy Space Center in Cape Canaveral, Florida, USA, 15 January 2025. EPA/CRISTOBAL HERRERA-ULASHKEVICH

In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for US and Japanese companies looking to jumpstart business on Earth’s dusty sidekick.
The two landers rocketed away in the middle of the night from NASA’s Kennedy Space Center, the latest in a stream of private spacecraft aiming for the moon, The Associated Press reported. They shared the ride to save money but parted company an hour into the flight exactly as planned, taking separate roundabout routes for the monthslong journey.
It’s take 2 for the Tokyo-based ispace, whose first lander crashed into the moon two years ago. This time, it has a rover on board with a scoop to gather up lunar dirt for study and plans to test potential food and water sources for future explorers.
Lunar newcomer Texas-based Firefly Aerospace is flying 10 experiments for NASA, including a vacuum to gather dirt, a drill to measure the temperature below the surface and a device that could be used by future moonwalkers to keep the sharp, abrasive particles off their spacesuits and equipment.
Firefly’s Blue Ghost — named after a species of US Southeastern fireflies — should reach the moon first. The 6-foot-6-inches-tall (2-meter-tall) lander will attempt a touchdown in early March at Mare Crisium, a volcanic plain in the northern latitudes.
The slightly bigger ispace lander named Resilience will take four to five months to get there, targeting a touchdown in late May or early June at Mare Frigoris, even farther north on the moon’s near side.
“We don’t think this is a race. Some people say ‘race to the moon,’ but it’s not about the speed,” ispace’s founder CEO Takeshi Hakamada said this week from Cape Canaveral.
Both Hakamada and Firefly CEO Jason Kim acknowledge the challenges still ahead, given the wreckage littering the lunar landscape. Only five countries have successfully placed spacecraft on the moon since the 1960s: the former Soviet Union, the US, China, India and Japan.
“We’ve done everything we can on the design and the engineering,” Kim said. Even so, he pinned an Irish shamrock to his jacket lapel Tuesday night for good luck.
The US remains the only one to have landed astronauts. NASA’s Artemis program, the successor to Apollo, aims to get astronauts back on the moon by the end of the decade.
Before that can happen, “we’re sending a lot of science and a lot of technology ahead of time to prepare for that,” NASA's science mission chief Nicky Fox said on the eve of launch.
If acing their respective touchdowns, both spacecraft will spend two weeks operating in constant daylight, shutting down once darkness hits.
Once lowered onto the lunar surface, ispace’s 11-pound (5-kilogram) rover will stay near the lander, traveling up to hundreds of yards (meters) in circles at a speed of less than one inch (a couple centimeters) per second. The rover has its own special delivery to drop off on the lunar dust: a toy-size red house designed by a Swedish artist.
NASA is paying $101 million to Firefly for the mission and another $44 million for the experiments. Hakamada declined to divulge the cost of ispace’s rebooted mission with six experiments, saying it's less than the first mission that topped $100 million.
Coming up by the end of February is the second moonshot for NASA by Houston-based Intuitive Machines. Last year, the company achieved the first US lunar touchdown in more than a half-century, landing sideways near the south pole but still managing to operate.