moonshot

or moon shot

[ moon-shot ]
/ ˈmunˌʃɒt /

noun

the act or procedure of launching a rocket or spacecraft to the moon.
a very challenging and innovative project or undertaking: Technology companies are investing in moonshots that address the world’s greatest problems.
Baseball. a high-velocity home run in which the ball reaches an extraordinary height:What could be more exciting than a bases-clearing moonshot over the right field wall in the bottom of the eleventh inning?

adjective

relating to or noting a very challenging and innovative project or undertaking: His department takes moonshot ideas and brings them to reality.

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Origin of moonshot

An Americanism dating back to 1955–60; moon + shot1
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for moonshot

moonshot
/ (ˈmuːnˌʃɒt) /

noun

the launching of a spacecraft, rocket, etc, to the moon
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012