The characteristic physical timescales near stellar-mass compact objects are measured in milliseconds. These timescales -- the free-fall time, the fastest stable orbital period, and stellar spin periods -- encode the fundamental physical properties o
f compact objects: mass, radius, and angular momentum. The characteristic temperature of matter in the vicinity of neutron stars is such that the principal electromagnetic window into their realms is the X-ray band. Because of these connections to the fundamental properties of neutron stars, X-ray timing studies remain today the most direct means of probing their structure and dynamics. While current X-ray observatories have revealed many relevant and fascinating phenomena, they lack the sensitivity to fully exploit them to uncover the fundamental properties of compact objects and their extreme physics. With this white paper, we summarize and highlight the science opportunities that will accompany an order-of-magnitude improvement in X-ray timing sensitivity, a goal attainable in the coming decade.
As part of a multiwavelength study of the unusual radio supernova remnant DA 495, we present observations made with the Chandra X-ray Observatory. Imaging and spectroscopic analysis confirms the previously detected X-ray source at the heart of the an
nular radio nebula, establishing the radiative properties of two key emission components: a soft unresolved source with a blackbody temperature of 1 MK consistent with a neutron star, surrounded by a nonthermal nebula 40 in diameter exhibiting a power-law spectrum with photon index Gamma = 1.6+/-0.3, typical of a pulsar wind nebula. The implied spin-down luminosity of the neutron star, assuming a conversion efficiency to nebular flux appropriate to Vela-like pulsars, is ~10^{35} ergs/s, again typical of objects a few tens of kyr old. Morphologically, the nebular flux is slightly enhanced along a direction, in projection on the sky, independently demonstrated to be of significance in radio polarization observations; we argue that this represents the orientation of the pulsar spin axis. At smaller scales, a narrow X-ray feature is seen extending out 5 from the point source, a distance consistent with the sizes of resolved wind termination shocks around many Vela-like pulsars. Finally, we argue based on synchrotron lifetimes in the estimated nebular magnetic field that DA 495 represents a rare pulsar wind nebula in which electromagnetic flux makes up a significant part, together with particle flux, of the neutron stars wind, and that this high magnetization factor may account for the nebulas low luminosity.
