This is the planetary nebula NGC 3918, a brilliant cloud of colorful gas in the constellation of Centaurus, roughly 4,900 light-years from Earth. In the center of the cloud of gas lies a tiny star, the dying remnant of a red giant. When such a star dies, huge clouds of gas are ejected from its surface before collapses to become a white dwarf. Intense ultraviolet radiation from the tiny remnant star causes the surrounding gas cloud to glow.
NGC 3918 has a distinctive eye-like shape with a bright inner shell of gas and a more diffuse outer shell that extends far from the nebula and looks as if it could be the result of two separate irruptions of gas. However, studies of the object suggest that the two cloud components were formed at the same time but are being blown from the star at different speeds. The powerful jets of gas emerging from the ends of the large structure are estimated to be shooting away from the star at speeds of up to 350,000 km/h/
Image Credit: ESA / NASA