The following submission statement was provided by /u/lughnasadh:

Submission Statement

Most stars (73%) are Red Dwarfs, smaller and dimmer than our sun. That dimness makes it easier to resolve details of their planets, and it's why they are the first targets in the hunt for simple extraterrestrial life. This telescope would target nearby sun-like stars. There are thought to be about 400 of those.

How soon could this telescope launch? Perhaps the mid-2030s. It's interesting to wonder if evidence of simple extraterrestrial life will have been found by then. There will likely be much data on nearby red dwarf exoplanets by that time.

Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/113v7r2/nasa_will_fund_a_feasibility_study_of_a/j8seiyo/