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The Vesper proposal was among approximately two dozen submitted in response to NASA's Discovery Program 2006 Announcement of Opportunity in April. NASA selected three new mission proposals for concept studies, including Vesper. As a new mission, the Vesper team will receive $1.2 million to conduct further study of the concept. If selected for continuation beyond the concept phase, Vesper must complete its mission, including archiving and analyzing data, for less than $425 million.