The Compressed Baryonic Matter (CBM) Experiment at FAIR – Physics, Status and Prospects

The Compressed Baryonic Matter (CBM) experiment is one of the major scientific pillars of the Facility for Antiproton and Ion Research (FAIR). The physics programme of CBM is centred around the exploration of the QCD phase diagram and nuclear matter equation-of-state in the region of high baryon densities. The respective rare probes will be accessed by using nucleus-nucleus collisions in the energy range $\sqrt{{s}_{{NN}}}=2.9-4.9\,\mathrm{GeV}$ at peak interaction rates of up to 10 MHz and a trigger-less data acquisition scheme. This article reviews CBM physics goals with the experimental observables. The progress and current status (as of January 2022 before sanctions imposed on Russia and suspension of collaboration with Russian institutes) of the comprising detector sub‐systems, including their performance in FAIR Phase‐0 experiments will also be presented.