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We present 197 planet candidates discovered using data from the first year of the NASA K2 mission (Campaigns 0-4), along with the results of an intensive program of photometric analyses, stellar spectroscopy, high-resolution imaging, and statistical validation. We distill these candidates into sets of 104 validated planets (57 in multi-planet systems), false positives, and 63 remaining candidates. Our validated systems span a range of properties, with median values of RP= 2.3 R⊕, P = 8.6 days, Teff = 5300 K, and Kp = 12.7mag. Stellar spectroscopy provides precise stellar and planetary parameters for most of these systems. We show that K2 has increased by 30% the number of small planets known to orbit moderately bright stars (1-4 R R⊕, Kp = 9-13 mag). Of particular interest are planets smaller than 2 R⊕, orbiting stars brighter than Kp = 11.5 mag, 5 receiving Earth-like irradiation levels, and several multi-planet systems - including 4 planets orbiting the M dwarf K2-72 near mean-motion resonances. By quantifying the likelihood that each candidate is a planet we demonstrate that our candidate sample has an overall false positive rate of 15%-30%, with rates substantially lower for small candidates (<2R⊕) and larger for candidates with radii >8 R⊕ and/or with P<3 days. Extrapolation of the current planetary yield suggests that K2 will discover between 500 and 1000 planets in its planned four-year mission, assuming sufficient follow-up resources are available. Efficient observing and analysis, together with an organized and coherent follow-up strategy, are essential for maximizing the efficacy of planet-validation efforts for K2, TESS, and future large-scale surveys. © 2016. The American Astronomical Society. All rights reserved.
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We report the Transiting Exoplanet Survey Satellite detection of a multi-planet system orbiting the V = 10.9 K0 dwarf TOI-125. We find evidence for up to five planets, with varying confidence. Three transit signals with high signal-to-noise ratio correspond to sub-Neptune-sized planets (2.76, 2.79, and 2.94 R⊕), and we statistically validate the planetary nature of the two inner planets (Pb = 4.65 days, Pc = 9.15 days). With only two transits observed, we report the outer object (P.03 = 19.98 days) as a planet candidate with high signal-to-noise ratio. We also detect a candidate transiting super-Earth (1.4 R⊕) with an orbital period of only 12.7 hr and a candidate Neptune-sized planet (4.2 R⊕) with a period of 13.28 days, both at low signal-to-noise ratio. This system is amenable to mass determination via radial velocities and transit-timing variations, and provides an opportunity to study planets of similar size while controlling for age and environment. The ratio of orbital periods between TOI-125 b and c (Pc/Pb = 1.97) is slightly lower than an exact 2:1 commensurability and is atypical of multiple planet systems from Kepler, which show a preference for period ratios just wide of first-order period ratios. A dynamical analysis refines the allowed parameter space through stability arguments and suggests that despite the nearly commensurate periods, the system is unlikely to be in resonance.