Hard X-ray Modulation Telescope (HXMT) will be launched in late 2016 from Jiuquan Satellite Launch Center on atop of Long March 2D. It will be used for observation of black holes and other high energy celestial phenomena. Telescope is result of over 15 years of cooperation between Ministry of Science and Technology of China, the Chinese Academy of Sciences, and Tsinghua University. It is based on Chinese JianBing-3 bus utilized for reconnaissance satellites. It will operate on X -ray band of 1-250 keV.