The Southern Ring Nebula, also known as NGC 3132, is a planetary nebula located about 2,000 light-years away in the constellation Vela. It is formed from the outer layers of a dying star that has shed its material, creating a colorful shell of gas and dust. The nebula is notable for its bright central star, which is a binary system consisting of a dying star and a companion star. This nebula is approximately 0.5 light-years across and is best observed with telescopes. The Southern Ring Nebula showcases intricate structures and patterns, including arcs and knots, which are the result of the complex interactions between stellar winds and the surrounding material. It is a fascinating example of stellar evolution and the life cycle of stars.