James Webb Space Telescope
The James Webb Space Telescope (sometimes called JWST) is a large, infrared-optimized space telescope. The project is working to a 2018 launch date. Webb will find the first galaxies that formed in the early Universe, connecting the Big Bang to our own MIlky Way Glaxy. Webb will peer through dusty clouds to see stars forming planetary systems, connecting the Milky Way to our own Solar System. Webb's instruments are designed to work primarily in the infrared range of the electromagnetic spectrum, with some capability in the visible range.
Webb will have a large primary mirror, 6.5 meters (21.3 feet) in diameter and a sunshield the size of a tennis court. Both the mirror and sunshade won't fit onto the Ariane 5 rocket fully open, so both will fold up and open once Webb is in outer space. Webb will operate in an orbit about 1.5 million km (1 million miles) from the Earth.
The James Webb Space Telescope was named after the NASA Administrator who crafted Apollo program, and who was a staunch supporter of space science.