Satellite News

SpaceNews.comJeff Foust

Privately funded Lazuli telescope secures ~$500M; SSTL to build the spacecraft

Privately backed Lazuli Space Telescope has raised roughly $500 million and contracted Surrey Satellite Technology Ltd. to build its spacecraft. Designed to be larger than Hubble, the project applies a New‑Space, privately financed development model to pursue flagship‑class astronomy on a compressed schedule.

2026-03-09T15:22:22.904408-07:00

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