# GMTO signs $135M contract for Giant Magellan Telescope structure

GMTO Corporation signed a $135 million contract with MT Mechatronics and Ingersoll Machine Tools to design, build and install the precision steel structure for the Giant Magellan Telescope in Chile.

- Type: Contract
- Announced: 2019-10-30
- Where: Chilean Andes, Chile
- Value: $135.0M
- Status: announced
- Products: telescope structure
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [MT Mechatronics](https://endata.com/companies/30996.md) (supplier)
- [GMTO Corporation](https://endata.com/companies/42991.md) (customer)
- [Ingersoll Machine Tools](https://endata.com/companies/42992.md) (supplier)

## Sources

- [giantmagellan.org](https://giantmagellan.org/2019/10/30/giant-magellan-telescope-signs-contract-for-telescope-structure/), 2019-10-30: "Manufacturing the telescope structure is one of the biggest steps we will take on our journey to building the Giant Magellan Telescope."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.