The One Metre Initiative

January 04, 2011 10:29 ET

Entrepreneur Raises $4,500,000 to Build the Most Powerful Telescope in Canada

OTTAWA, ONTARIO--(Marketwire - Jan. 4, 2011) -

Editors note: There is a photo associated with this release.

The One Metre Initiative has raised $4,500,000 (CDN$) towards construction of the most powerful telescope on Canadian soil and a world class tourist facility. The site is 120 Km west of Ottawa in the Madawaska Highlands, chosen for its remarkably dark night skies where the Milky Way casts a shadow and within 5 hours drive to 20,000,000 people including 50% of the Canadian population.

Founder Frank Roy indicates that it will be the only major observatory in the world commercially financed and operated, the RBC and an Ottawa builder are providing financing, some $1.2M in equity is needed to begin construction.

The Visitor Centre will be LEED AP Platinum certified and self sufficient, it will have displays on; astronomy, cosmology, Algonquin star lore, technology and highlight research. Open year round it will feature; a boutique, offices, washrooms, a kiosk, multimedia theatre, amphitheatre and the telescope control room with astronomers' quarters. 36" state-of-the-art visitor telescopes will offer the best visual views of the universe in Canada, with guided tours of the visitor centre, visitor telescopes and the One Metre Initiative telescope. As a major tourist attraction it is expected to generate 100+ jobs with $90,000,000 in economic activity over 10 years.

The One-Metre Initiative is the worlds' premiere wide-field monolithic (seamless images without gaps) imaging telescope with a 5 degrees² field-of-view, equivalent to 25 full moons. State-of-the-art, it employs the world's largest CCD chip at 112,000,000 pixels [4" x 4"] with active optics and carbon fibre construction. Being autonomous, astronomers anywhere in the world will use the observatory to conduct cutting edge research. The wide-field capabilities will be especially useful in cosmology, searching for objects that may collide with the Earth and for new planets.

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