Teledyne Brown gives UAHuntsville $75,000 | Business
Rex D. Geveden, President of Teledyne Brown Engineering, today announced a $75,000 gift to The University of Alabama in Huntsville to support the university's efforts to further expand the solar physics capabilities of the community.
An endowment fund has been established as part of the university's proposal to bring the National Solar Observatory (NSO) headquarters to Huntsville. This endowment provides a means in which the community can participate in building and growing the solar physics community, according to President Malcolm Portera.
Proceeds from the investment shall be used in a variety of ways to promote solar physics research and education. Examples include such things as hiring graduate students, conducting conferences, adding faculty or purchasing equipment.
"Teledyne Brown is pleased to lend its support to the initiative to bring the National Solar Observatory to UAHuntsville," said Rex D. Geveden, president, Teledyne Brown Engineering. "The observatory would have a tremendous impact on our city by drawing scientists to Huntsville to do research and create new business opportunities. Teledyne Brown is committed to supporting not only this project, but others that join academia and industry for the advancement of our community."
As a partner in the growth of solar astrophysics and space weather in Huntsville, UAHuntsville will actively seek the guidance and input from the NSO, as well as significant benefactors in the endowment to make the optimal investments in fortifying this research in Huntsville.
"We're extremely grateful for the vision and support of Teledyne Brown Engineering and President Rex Geveden," said Dr. Portera. "Investments from community leaders such as Teledyne Brown will spur our campus to even higher levels of excellence. The entire community benefits from generous donors who invest in local institutions, such as UAHuntsville."