FASER is a proposed small and inexpensive experiment designed to search for light, weakly-interacting particles at the LHC. Such particles are dominantly produced along the beam collision axis and may be long-lived, traveling hundreds of meters before decaying. To exploit both of these properties, FASER is to be located along the beam collision axis, 480 m downstream from the ATLAS interaction point, in the unused service tunnel TI18. We propose that FASER be installed in TI18 in Long Shutdown 2 in time to collect data from 2021-23 during Run 3 of the 14 TeV LHC. FASER will detect new particles that decay within a cylindrical volume with radius R= 10 cm and length L = 1.5 m. With these small dimensions, FASER will complement the LHCs existing physics program, extending its discovery potential to a host of new particles, including dark photons, axion-like particles, and other CP-odd scalars. A FLUKA simulation and analytical estimates have confirmed that numerous potential backgrounds are highly suppressed at the FASER location, and the first in situ measurements are currently underway. We describe FASERs location and discovery potential, its target signals and backgrounds, the detectors layout and components, and the experiments preliminary cost estimate, funding, and timeline.
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