Pioneer P-3 was intended to be a lunar orbiter probe, but the mission failed shortly after launch. The objectives were to place a highly instrumented probe in lunar orbit, to investigate the environment between the Earth and Moon, and to develop technology for controlling and maneuvering spacecraft from Earth. It was equipped to take images of the lunar surface with a television-like system, estimate the Moon's mass and topography of the poles, record the distribution and velocity of micrometeorites, and study radiation, magnetic fields, and low frequency electromagnetic waves in space. A mid-course propulsion system and injection rocket would have been the first United States self-contained propulsion system capable of operation many months after launch at great distances from Earth and the first U.S. tests of maneuvering a satellite in space.

The Pioneer programs were two series of United States lunar and planetary space probes exploration. The first program, which ran from 1958 to 1960, unsuccessfully attempted to send spacecraft to orbit the Moon, successfully sent one spacecraft to fly by the Moon, and successfully sent one spacecraft to investigate interplanetary space between the orbits of Earth and Venus. The second program, which ran from 1965 to 1992, sent four spacecraft to measure interplanetary space weather, two to explore Jupiter and Saturn, and two to explore Venus. The two outer planet probes, Pioneer 10 and Pioneer 11, became the first two of five artificial objects to achieve the escape velocity that will allow them to leave the Solar System, and carried a golden plaque each depicting a man and a woman and information about the origin and the creators of the probes, in case any extraterrestrials find them someday.