California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

Gordon and Betty Moore Foundation have given two California universities
Caltech and UC Berkeley a $200 million donation to build the world’s largest telescope.

Caltech and University of California, Berkeley in concert with an association of universities
from Canada are participating in the venture.  The use of the telescope will be to locate and
analyze light from the first star systems, study how the Milky Way and other galaxies were
formed and evolved and examine planet formation around the stars.

The telescope is being designed by scientists from the two Californian universities and from
the Association of Canadian Universities for Research in Astronomy.  Design is expected to
be completed by 2009.  Operation of the telescope is expected to begin by 2017.  Sites in
Chile, Mexico and Hawaii are being considered.

Gordon Moore is the co-founder of Intel and as reported earlier in Minute 08-03-07; the Moore
Foundation provided a grant to start a nursing school at the UC Davis Medical Center.

I am Tim Johnson and this has been the California Business Minute.