The head of NASA, Jim Bridenstine, said he regretted the mission didn't succeed, but "I have no doubt that Israel and SpaceIL will continue to explore and I look forward to celebrating their future achievements". "We're going to put it on the moon and we're going to complete the mission", Kahn said.
And while the competition ended previous year after no-one was able to meet its deadline (the foundation has subsequently announced they will award the Beresheet collaboration $1m for their achievement), other teams involved are also continuing with their efforts to get to the Moon.
That landing process took around 20 minutes.
"It seems that a failure in our inertial measurements unit caused a chain of events in the spacecraft avionics which cut off the engines and caused us to lose the mission", said Opher Doron, general manager of the space division at Israel Aerospace Industries (IAI).
Beresheet, which is an unmanned spacecraft from Israeli, crashed while it attempted to land on the moon, because of a technical glitch, according to SpaceIL.
Although the crash dashed the hopes of engineers and enthusiasts around the world that had been rooting for the scrappy spacecraft's safe arrival, the team emphasized that the mission was still a success for reaching the moon and coming so close to landing successfully.
"It was a bittersweet moment", said Adams, hours after hearing that Beresheet's engine failed to slow the craft on descent.
So far, only Russian Federation, the United States and China have made the 384,000-kilometre (239,000-mile) journey and landed on the Moon. As did the silver lining outlooks.
Beresheet was the first privately funded moon mission.
The spacecraft was developed in response to the Google Lunar X Prize competition that finished previous year, without a victor. Israel can count itself among seven nations that have successfully orbited the moon.
Fourth, at 22 km from the moon's surface during the landing process, Beresheet snapped the first-ever selfie with the moon, showing the Israeli flag on board and the plaque with the inscription, "Am Israel Hai" or "The Jewish People Lives" and in English, "Small country, Big dreams". It provided the power to get the spacecraft all the way to the Moon, but it also took Beresheet on its final descent.