canary islands

The Spanish Government earmarks 47.8 million euros for the Great Telescope of the Canary Islands (GTC)

The allocation of 47.8 million euros by the Ministry of Science and Innovation within the Spanish Government to the Great Telescope of the Canary Islands (GTC) will transpire between 2023 and 2030.

On Tuesday, the Council of Ministers of the Spanish Government approved an agreement that entails the allocation of 47.8 million euros by the Ministry of Science and Innovation to the Great Telescope of the Canary Islands (GTC) between 2023 and 2030.


The GTC, which forms part of the Ministry of Science and Innovation’s Map of Singular Scientific and Technical Facilities (ICTS), is hailed as “the largest optical and infrared telescope ever built in the world” by the department led by Diana Morant.

Situated at the Roque de los Muchachos Observatory on La Palma Island, the GTC serves as an exceptional observation instrument for the Spanish astronomical community and its collaborators from Mexico and the United States.

GRANTECAN, the public limited company that owns the GTC, receives 23.3 million euros from the Spanish government and the Canary Islands, who together own 50% of the company, under the terms of this agreement spanning from 2023 to 2030.

Currently employing 80 professionals, including scientists, engineers, technicians, and administrative staff, GRANTECAN has maintained its position as a cutting-edge telescope driving international scientific research for 14 years.

The Ministry of Science and Innovation underscores that this funding agreement will enhance the GTC’s competitiveness, ensuring its operational requirements are met and equipping it with new instruments to tackle emerging scientific challenges.


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