A University/Industry/Air Force Laboratory collaboration has developed an inexpensive but innovative telescope for interferometry. It incorporates low weight mirrors, low profile tip/tilt secondary, and accelerometer based jitter control. It is built to incorporate higher order adaptive optics. A design team has striven to emphasize a low cost medium tech approach to reduce costs coupled with sturdy precision engineering. The telescopes will be sited in New Mexico and used for Academic and Defense needs.