Former Google CEO plans to singlehandedly fund a Hubble telescope replacement

4 months ago

Before WWII, telescopes were mainly funded by wealthy individuals.
Post-WWII, government and academic institutions took over due to rising costs of larger mirrors and space-based telescopes.
Eric and Wendy Schmidt announced a major investment in four new telescopes, including the space-based Lazuli telescope.
The Schmidt Observatory System could cost at least half a billion dollars.
The Schmidts aim to fund innovative telescope projects that might not receive government or private sector funding.
Their investment has significant potential to advance astronomy and astrophysics.

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