James Webb Space Telescope
The James Webb Space Telescope, an $8.8 billion U.S.-European-Canadian collaboration that's scheduled to be launched in October 2018, has been designed to go many steps beyond even Hubble's remarkable achievements. Unlike Hubble, Webb won't be parked in a low-Earth orbit, but instead will be placed beyond the moon, 932,000 miles into interplanetary space. Ref. Source 5
Image from NASA.
James Webb Space Telescope (Hover)
NASA's Webb Telescope reaches major milestone as mirror unfolds. NASA's James Webb Space Telescope team fully deployed its 21-foot, gold-coated primary mirror, successfully completing the final stage of all major spacecraft deployments to prepare for science operations. Source 1c.