YR4 has a 2% chance of hitting Earth in 2032. Astronomers are tracking it to refine estimates of its size and orbit to see how much of a risk the space rock poses.

YR4 has a roughly 2 percent chance of hitting Earth in 2032, and “is large enough to cause localized damage,” NASA says.

CAPE CANAVERAL, Fla. (AP) — The threat of a newly discovered asteroid has risen slightly in the past few weeks, as the world’s telescopes rush to track its course. But the chance of an impact is still quite slim.