It is, therefore, to be expected that the evolution of astrophysical systems under the influence of strong tidal gravitational fields will be associated with the emission of gravitational waves. Consequently, these systems are of interest both to a physicist, whose aim is to understand fundamental interactions in nature, their inter-relationships and theories describing them, and to an astrophysicist, who wants to dig deeper into the environs of dense or nonlinearly gravitating systems in solving the mysteries associated with relativistic phenomena listed in Sections 6, 7 and 8. Indeed, some of the gravitational wave antennas that are being built are capable of observing systems to cosmological distances, and even to the edge of the universe. The new window, therefore, is also of interest to cosmologists.

This is a living review of the prospects that lie ahead for gravitational antennas to test the predictions of general relativity as a fundamental theory, for using relativistic gravitation as a means to understand highly energetic sources, for interpreting gravitational waves to uncover the (electromagnetically) dark universe, and ultimately for employing networks of gravitational wave detectors to observe the first fraction of a second of the evolution of the universe.

We begin in Section 2 with a brief review of the physical nature of gravitational waves, giving a heuristic derivation of the formulas involved in the calculation of the gravitational wave observables such as the amplitude, frequency and luminosity of gravitational waves. This is followed in Section 3 by a discussion of the astronomical sources of gravitational waves, their expected event rates, amplitudes, waveforms and spectra. In Section 4 we then give a detailed description of the existing and upcoming gravitational wave antennas and their sensitivity. Included in Section 4 are bar and interferometric antennas covering both ground and space-based experiments. Section 4 also compares the sensitivity of the antennas with the strengths of astronomical sources and expected signal-to-noise ratios (SNRs). We then turn in Section 5 to data analysis, which is a central component of gravitational wave astronomy, focusing on those aspects of analysis that are crucial in gleaning physical, astrophysical and cosmological information from gravity wave observations.

Sections 7 – 9 treat in some detail how gravitational wave observations will aid in a better understanding of nonlinear gravity and test some of its fundamental predictions. In Section 6 we review the physics implications of gravitational wave observations, including new tests of general relativity that can be performed via gravitational wave observations, how these observations may help in formulating and gaining insight into the two-body problem in general relativity, and how gravitational wave observations may help to probe the structure of the universe and the nature of dark energy. In Section 7 we look at the astronomical information returned by gravitational wave observations, and how these observations will affect our understanding of black holes, neutron stars, supernovae, and other relativistic phenomena. Section 8 is devoted to the cosmological implications of gravitational wave observations, including placing constraints on inflation, early phase transitions associated with spontaneous symmetry breaking, and the large-scale structure of the universe.

This review is by no means exhaustive. We plan to expand it to include other key topics in gravitational wave astronomy with subsequent revisions.

Unless otherwise specified we shall use a system of units in which , which means , . We shall assume a universe with cold dark-matter density of , dark energy of , and a Hubble constant of .

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