The National Science Foundation awarded a Faculty Early Career Development (CAREER) Award to the University of Mississippi for support of the project PHY-1055103 (CAREER: Physics and Astrophysics of Compact Binaries), under the direction of Emanuele Berti. This grant has been approved on scientific/technical merit for approximately 5 years, starting September 1, 2011.
Update (4/6/2011): there is an article about the Award on the University of Mississippi news website.