Univ. of Arizona gets grant for telescope projectPosted: Updated:
TUCSON, Ariz. (AP) -- The University of Arizona is getting a $20 million gift from a high-tech businessman to help pay for the university's participation in an international telescope project.
The money will go toward the university's $60 million commitment to the Magellan Telescope Observatory. The university is among 11 institutions building the observatory in northern Chile.
The donor is Richard F. Caris, founder and chairman of Scottsdale-based Interface Inc. and the university will rename its telescope mirror production lab for Caris in recognition for the gift.
According to the university, Caris' gift ensures that the university's astronomers will access to valuable observing time on the telescope, which is scheduled to be completed in 2021.
Interface specializes in high-tech equipment used in aerospace, medical, automotive and other industries.