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 Sao 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. (8/3)
(Source: Space Daily)