Former Google CEO plans to singlehandedly fund a Hubble telescope replacement

https://arstechnica.com/space/2026/01/eric-schmidt-will-massively-invest-in-private-telescopes-including-hubble-replacement/

3 Comments

  1. For_All_Humanity on

    > On Wednesday evening, former Google CEO Eric Schmidt and his wife, Wendy, announced a major investment in not just one telescope project, but four. Each of these new telescopes brings a novel capability online; however, the most intriguing new instrument is a space-based telescope named Lazuli. This spacecraft, if successfully launched and deployed, would offer astronomers a more capable and modern version of the Hubble Space Telescope, which is now three decades old.

    >A billionaire with a keen interest in science and technology, Schmidt and his wife did not disclose the size of his investment in the four telescopes, which collectively will be known as the Schmidt Observatory System. However, it likely is worth half a billion dollars, at a minimum.

    > It is intended to launch as early as late 2028 and begin scientific operations in 2029.

    Much more in the article.