$205 Million Investment Accelerates Construction Of The Giant Magellan Telescope
08/02/22, 12:05 PM
Location
pasadenaMoney raised
$205 million
The Giant Magellan Telescope, the most powerful telescope ever engineered using the world’s largest mirrors, today announced it has secured a $205 million investment from its international consortium to accelerate construction. This investment marks one of the largest funding rounds for the telescope since its founding and includes leading commitments from the Carnegie Institution for Science, Harvard University, the São Paulo Research Foundation (FAPESP), The University of Texas at Austin, University of Arizona, and the University of Chicago. The investment will be used to manufacture the giant 12-story telescope structure at Ingersoll Machine Tools in Illinois, continue progress on the telescope’s seven primary mirrors at the University of Arizona’s Richard F. Caris Mirror Lab, and build one of the most advanced scientific spectrograph instruments in Texas.
Company Info
Location
pasadena, california, united states
Additional Info
The Giant Magellan Telescope is the future of space exploration. Using seven of the world’s largest mirrors, the 25.4-meter telescope will produce the most detailed images ever taken of our Universe. It will uncover the cosmic mysteries of dark matter, investigate the origins of chemical elements, and verify signs of life on distant planets for the first time. The Giant Magellan Telescope is the work of the GMTO Corporation, an international consortium of leading research institutions representing five countries. The telescope is under construction in Chile and anticipated to be completed in the late 2020s. The Universe Awaits at giantmagellan.org.