$205 Million Investment Accelerates Construction of the Giant Magellan Telescope
PASADENA, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope, the most powerful telescope ever engineered using the worlds largest mirrors, today announced it has secured a $205 million investment from its international consortium to accelerate construction.
- PASADENA, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope, the most powerful telescope ever engineered using the worlds largest mirrors, today announced it has secured a $205 million investment from its international consortium to accelerate construction.
- We are honored to receive this investment in our future, said Dr. Robert Shelton, President of Giant Magellan Telescope.
- The funding comes after the National Academy of Sciences Astro2020 Decadal Survey evaluated the Giant Magellan Telescope as a core partner of the United States Extremely Large Telescope Program.
- This latest $205 million investment round positions the Giant Magellan Telescope to be one of the first in a new generation of extremely large telescopes to be constructed.