The likelihood of the 2024 YR4 asteroid hitting Earth is now 0.001 percent, according to the European Space Agency, down from 3.1 percent as forecast by NASA last week. Scientists will continue to monitor its trajectory in the coming months but now expect that the asteroid will pass our planet in December 2032.

The James Webb Space Telescope is scheduled to observe the asteroid in March and May 2025 under the directors discretionary time allocation.

The chance that a football field-sized asteroid capable of destroying a city will strike Earth in 2032 has fallen to 0.001 percent, the European Space Agency said on Tuesday. The ESA said the chance was now down to 0.