NASA has significantly lowered the risk of asteroid 2024 YR4 hitting the Earth in 2032 through recent calculations. The moon however, may not be in the clear.

NASA announced Monday that the asteroid, named 2024 YR 4, no longer poses a “significant threat” to Earth in 2032 or beyond. “NASA analysis drops asteroid 2024 YR4's impact probability to 0.004%, meaning it is expected to safely pass by Earth in 2032,” NASA’s Planetary Defense Coordination Office posted on X Monday.

In reality, even as the near-Earth asteroid 2024 YR4 was moving away, ground-based telescopes were able to gather enough observations to get a better handle on its orbit. So we can safely take a deep breath and return to the more pressing existential problems posed by threats on this planet rather than off-world.

New data shrank the odds that this asteroid will hit Earth, but astronomers will continue to study it. Here’s what you need to know.