‘’ “We have detected gravitational waves. We did it!” David Reitze, a physicist and executive director of the LIGO Scientific Collaboration, announced at the National Press Club in Washington, to applause.’’

‘’ Reitze described how, last Sept. 14, tiny blips of a signal, a “chirp,” were detected seven milliseconds apart by the massive observatories in Louisiana and Washington state. ‘’

http://www.centredaily.com/news/nation-world/national/article59751446.html

The physicists have interpreted the LIGO observation space time waves data as being created by two black hole circulating towards each other and merging located at 1.3 billion light-years away.  The black holes were respectively 36 and 29 times the Sun’s mass prior to merging, and 62 solar masses after with a difference of 3 solar mass of energy radiated away as gravitional waves.

http://discovermagazine.com/bonus/gravity

So these observations are the first of he new age of time space wave observation and a totally new method of astronomical observation giving access to phenomena previously impossible to observe. Astronomers can now probe what happen with the merging of black holes and infer new physics and according to Einstein we should also be able to observe space time waves produced much earlier than the Cosmic Microwave Backgroug time. 

‘’Thorne said the LIGO project is currently at one-third of its "ultimate design sensitivity," and improvements over the next few years will effectively turn up the "volume" on the universe, allowing more events to be detected.

LIGO scientists hopes more laser interferometer facilities will be built in different parts of the world, to improve detection capacity.’’

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