A third-generation VUV and soft X-ray ring (VSX ring in short) with a low emittance of several nm-rad is being designed at the Institute for Solid State Physics (ISSP) of the University of Tokyo, in close collaboration with the Photon Factory of KEK. The proposal for constructing the light source facility (VSX Light Source) is now in preparation for submission to the government. This project was previously considered as one of the whole future plans of ISSP that will move to a new site called Kashiwa Campus. However, it is now proposed that the light source facility should be constructed by a newly organized body, the Center of Accelerator Science, which directly belongs to the university: the new center is expected to be established soon, probably within a year (see Fig. 1).
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