Madawaska Highlands Observatory Corp.

October 27, 2014 09:47 ET

Madawaska Highlands Observatory to Hold Public Presentation in Ottawa

Company to Build Most Powerful Telescope in Canada and Largest Off-Grid Building in N. America

OTTAWA, ONTARIO--(Marketwired - Oct. 27, 2014) - A presentation on the Madawaska Highlands Observatory (MHO) will be held on Wednesday, October 29th at 7:00 pm at the Jim Robillard Centre, 1505 Carling Avenue, in Ottawa.

"As a destination, the MHO is unrivalled anywhere in the world," says Frank Roy, CEO of the Observatory. "Visitors will be able to experience a night sky without a hint of light pollution, explore the universe with incredibly powerful telescopes - viewing galaxies that are billions of light years away, tour the exhibits and display areas, and experience the world-class Planetarium."

Situated in the spectacular Madawaska Highlands of Ontario, the physical "heart" of the MHO will be a state-of-the-art Visitors Centre. Designed by Christopher Simmonds Architect Inc., the Visitors Centre will be the largest commercial off-grid building in North America, using solar electric, ground source heat pumps, solar thermal, advanced Li-Ion batteries and other systems to store control and conserve energy. "The project will be a national showcase for energy efficiency and green building technologies," says Simmonds.

Frank Roy and his team will be making a multi-faceted presentation on the project and Matthew McGrath, CEO and President of Optimized Capital Markets will host the event and making a presentation to the investment community. The MHO will be the only major observatory in the world that is commercially financed and operated. Oakville Hydro Energy Services Inc. is committed to be a major investor in the project's energy systems, while the University of Western Ontario is planning to have a role as a science partner.

"Our vision is to become the premier facility of its type in North America in offering a highly motivational and inspirational experience to visitors and a profound learning opportunity for students," says Frank Roy.

The company will build the most powerful telescope in Canada, the Wide-Field-Telescope, with a view of 26 times the full moon. It will be one the most powerful telescopes in the world for its wide field of view.

Admission is free but registration is required to attend:

RSVP: www.eventbrite.ca/e/madawaska-highlands-observatory-investor-presentation-tickets-13025687181

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