Where I got the information
>"The Vatican Advanced Technology Telescope, aka the VATT, is a 1.8 meter Gregorian telescope observing in the optical and infrared." from WIKIPEDIA
>"The Vatican Observatory is one of the oldest astronomical institutes in the world and the only research group directly supported by the Holy See. The church funds the observatory to the tune of about $1 million a year, leaving its operation to the Jesuits, a religious order whose "charism," or special gift to the church, is scholarship." from SPACE.COM
http://www.space.com/scienceastronomy/astronomy/vatican_observe_000716.html
As for the rest, it's just my take on things.
It will happen in our lifetime.
