Since the discovery of the first exoplanet orbiting a main sequence star in 1995, nearly 500 planets have been detected, with this number expected to increase dramatically as new ground-based planetary searches begin to report their results. Emerging techniques offer the tantalizing possibility of detecting an Earth-mass planet in the habitable zone of a solar-type star as well as the exciting prospect of studying exoplanetary atmospheres that could reveal the presence of biomarkers, such as water vapor, oxygen, and carbon dioxide.

Can we find the "Holy Grail" of exoplanets?...