Eric Schmidt plans private space telescope launch by 2029

interestingengineering.com

Former Google CEO Eric Schmidt is funding the first private space telescope, Lazuli, aiming for a 2029 launch. The Schmidt Observatory System, costing $500 million, will use AI and advanced technology for astronomical research, potentially at lower costs than NASA projects. This initiative, driven by philanthropy, could influence future private space operations and scientific discovery, though its long-term business viability remains uncertain.


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