[5] Throughout the period 2008 till 2010 the team established partnerships with a number of organisations, mostly in Europe, and White Label Space continued to publish its early progress on the developments of the lunar mission.
[8] On June 11, 2012, it was decided to name unit 2 Rover prototype (PM-2) "White Rabbit" (written in hiragana as「はくと」, which is pronounced "Hakuto").
[4] On January 30, 2013, the European team members had ceased substantial involvement and the Japan-based members decided to continue the work, establishing a new parent company called ispace Inc.[9] The change included a change of leadership from Steve Allen to co-founder Takeshi Hakamada.
[4] On February 19, 2014, Hakuto was selected in the Milestone Prizes as one of five teams competing in the mobility subsystem section.
[13][14] Following on from the cessation of the GLXP the leader of the Hakuto GLXP team, ispace Inc., retained the support of KDDI, JAL and Suzuki, and proceeded to build further corporate partnerships as well as raising large amounts of venture capital funding directed towards an expanded lunar mission program (see ispace Investors).
For most of the duration of the GLXP, the Hakuto rover was planned to be deployed from Astrobotic's Peregrine lander, however for the final phase of the prize, with Astrobotic lacking a launch contract, Hakuto established a new agreement with Team Indus for launch and lunar surface delivery of the rover.
[21] On 23 January 2018, X Prize founder and chairman Peter Diamandis stated "After close consultation with our five finalist Google Lunar X Prize teams over the past several months, we have concluded that no team will make a launch attempt to reach the moon by the March 31, 2018, deadline... and the US$30 million Google Lunar XPRIZE will go unclaimed.
CEO Takeshi Hamada believed that the mission had failed, saying "we have to assume that we could not complete the landing on the lunar surface.