How much does Giant Magellan Telescope cost?
The Giant Magellan Telescope (GMT) is the optical telescope with seven 8.4 m mirrors under construction at Las Campanas Observatory in the Atacama Desert of Chile, developed by the GMTO Corporation, an international consortium including Australia, Brazil, Chile, Israel, South Korea, Taiwan and US institutions. Scientific American, reprinting Nature on 6 March 2024, said it is expected to cost 2.54 billion dollars, and the National Science Board recommended capping the National Science Foundation's giant-telescope contributions at 1.6 billion.
Published project estimate
$2.54 billion
Cost basis: 2024
Giant Magellan Telescope - GMTO CorporationCC BY 4.0
Cost evidence
Basis of the published figure
Published project estimate2024