Astronomers have long known that massive, bright stars, including stars like the sun, are most often found to be in multiple star systems. This fact led to the notion that most stars in the universe are multiples. However, more recent studies targeted at low-mass stars have found that these fainter objects rarely occur in multiple systems. Astronomers have known for some time that such low-mass stars, also known as red dwarfs or M stars, are considerably more abundant in space than high-mass stars.
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Among very massive stars, known as O- and B-type stars, 80 percent of the systems are thought to be multiple, but these very bright stars are exceedingly rare. Slightly more than half of all the fainter, sun-like stars are multiples. However, only about 25 percent of red dwarf stars have companions. Combined with the fact that about 85 percent of all stars that exist in the Milky Way are red dwarfs, the inescapable conclusion is that upwards of two-thirds of all star systems in the Galaxy consist of single, red dwarf stars.
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Lada's finding implies that planets also may be more abundant than astronomers realized. Planet formation is difficult in binary star systems where gravitational forces disrupt protoplanetary disks. Although a few planets have been found in binaries, they must orbit far from a close binary pair, or hug one member of a wide binary system, in order to survive. Disks around single stars avoid gravitational disruption and therefore are more likely to form planets.
Interestingly, astronomers recently announced the discovery of a rocky planet only five times more massive than Earth. This is the closest to an Earth-size world yet found, and it is in orbit around a single red dwarf star.
http://www.sciencedaily.com/releases/2006/02/060206233911.htm