$30 million in prizes is on the line, including the $20 million grand prize for whoever gets there first (and completes the competition goals), and these teams are employing a variety of technology to land first and claim the fame.

They hail from Japan, India, the United States, and Israel, with launches set to happen from places as far-flung as California, USA; Sriharikota, India; and Mahia, New Zealand. Here's a look at all five teams, and their technology that's set to make big space history.

* SpaceIL, Tel Aviv, Israel

SpaceIL signed a deal with SpaceX (through Spaceflight Services) to launch in late 2017. Using a "hopper" style of craft, where they will land on the lunar surface, fly 500m, and then touch down again to claim the prize

* Moon Express, Cape Canaveral, Florida