Google Lunar X PRIZE Team Summit 2012

Google Lunar X Prize offers $20 million to the first privately funded team to land and operate a rover on the Moon. This year, at the Google Lunar X PRIZE 2012 team summit, the X Prize Foundation had the chance to sit down with the teams to discuss the state of the prize and see where this competition fits in with the current state of the commercial space industry. What advancements has been made and what is it going to take to complete this mission?