Dr. George Ricker is the Principle Investigator of the TESS (Transiting Exoplanet Survey Satellite) Mission, which will succeed Kepler as the primary US space observatory looking for exoplanets. He reviews the mission, which will launch in 2017, in this video:

From the caption:

The Transiting Exoplanet Survey Satellite (TESS) will discover thousands of exoplanets in orbit around the brightest stars in the sky. In its two-year prime survey mission, TESS will monitor more than 200,000 bright stars in the solar neighborhood for temporary drops in brightness caused by planetary transits. This first-ever spaceborne all-sky transit survey will identify planets ranging from Earth-sized to gas giants, around a wide range of stellar types and orbital distances.

TESS stars will typically be 30-100 times brighter than those surveyed by the Kepler satellite; thus, TESS planets will be far easier to characterize with follow-up observations. For the first time it will be possible to study the masses, sizes, densities, orbits, and atmospheres of a large cohort of small planets, including a sample of rocky worlds in the habitable zones of their host stars.

An additional data product from the TESS mission will be full frame images (FFI) with a cadence of 30 minutes. These FFI will provide precise photometric information for every object within the 2300 square degree instantaneous field of view of the TESS cameras. These objects will include more than 1 million stars and bright galaxies observed during sessions of several weeks. In total, more than 30 million objects brighter than magnitude I=16 will be precisely photometered during the two-year prime mission. In principle, the lunar-resonant TESS orbit could provide opportunities for an extended mission lasting more than a decade, with data rates in excess of 100 Mbits/s.

An extended survey by TESS of regions surrounding the North and South Ecliptic Poles will provide prime exoplanet targets for characterization with the James Webb Space Telescope (JWST), as well as other large ground-based and space-based telescopes of the future.

A NASA Guest Investigator program is planned for TESS. The TESS legacy will be a catalog of the nearest and brightest main-sequence stars hosting transiting exoplanets, which should endure as the most favorable targets for detailed future investigations.

TESS is currently targeted for launch in late 2017 as a NASA Astrophysics Explorer mission.

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