Here’s some news that might make you glance at the sky: there’s a small chance an asteroid named 2024 YR4 could hit Earth. But don’t start building a bunker just yet—the odds are only 1.3 percent, and it wouldn’t happen until December 2032.

Discovered just after Christmas, this space rock is estimated to be between 130 and 330 feet long. While that’s big enough to cause serious damage if it hit a city, experts say there’s no need to lose sleep over it.

“It’s not a number you want to ignore, but it’s not a number you need to panic about,” shared one asteroid expert. In fact, there’s a whopping 98.7 percent chance it will safely zip past Earth.

The good news? Scientists spotted 2024 YR4 years in advance, giving them plenty of time to track its path and update the odds. As more data comes in, the chance of impact could shrink even further.

Experts also point out that systems designed to detect and monitor potentially hazardous asteroids are doing their job. So, while it’s always fascinating—and a little thrilling—to think about space rocks heading our way, this one isn’t a cause for alarm.

For now, you can rest easy knowing the skies are being watched closely. The odds are overwhelmingly in our favor.