The New Worlds Mission is a proposed project comprising a large occulter flying in formation with a space telescope designed to block the light of nearby stars in order to observe their orbiting exoplanets. The observations could be taken with an existing space telescope or a dedicated visible light optical telescope optimally designed for the task of finding exoplanets. A preliminary research project was funded from 2005[1] through 2008 by NASA Institute for Advanced Concepts (NIAC) and headed by Webster Cash of the University of Colorado at Boulder in conjunction with Ball Aerospace & Technologies Corp., Northrop Grumman, Southwest Research Institute and others. Since 2010 the project has been looking for additional financing from NASA and other sources in the amount of roughly US$3 billion including its own four-meter telescope.[2][3] If financed and launched, it would operate for five years.
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