The Drake Equation is a mathematical formula developed by astrophysicist Frank Drake in 1961. It estimates the number of active, communicative extraterrestrial civilizations in our galaxy, the Milky Way. The equation considers several factors, including the rate of star formation, the fraction of stars with planets, and the likelihood of life developing on those planets. By multiplying these factors, the equation provides a framework for understanding the potential for intelligent life beyond Earth. While the exact values for each factor are uncertain, the Drake Equation encourages scientific discussion and exploration of the universe, highlighting humanity's quest to find extraterrestrial life.