The scientists for the first time have discovered an interstellar asteroid that zipped through our solar system from outer space.
It is a dark, reddish and cigar-shaped object and is nothing like any cosmic body seen before, the scientists said.
The Pan-STARRS 1 telescope in Hawaii picked up a faint point of light moving across the sky last month.
It initially looked like a typical fast-moving small asteroid but additional observations over the next couple of days allowed its orbit to be computed fairly accurately, they claimed.
Earlier, it was classified as a comet but after having observations, they revealed that there were no signs of cometary activity after it passed closet to the Sun in September this year.
The scientists later reclassified the object as an interstellar asteroid and named it â€˜Oumuamuaâ€™.
The researchers have revealed that the asteroid is like a messenger sent from the distant past to reach out to our solar system.
The asteroid is up to 400 metres long and highly-elongated - perhaps 10 times as long as it is wide.
It is the biggest asteroid or comet discovered in our solar system till date, the scientists said.
It may provide new clues into how other solar systems were formed as its elongated shape is quite surprising and unlike asteroids seen in our solar system.
Oumuamua varies dramatically in brightness by a factor of ten as it spins on its axis every 7.3 hours, astronomers led by Karen Meech from Institute for Astronomy in the US found.
â€œThis unusually large variation in brightness means that the object is highly elongated: about ten times as long as it is wide, with a complex, convoluted shape,â€ said Meech.
â€œWe also found that it has a dark red colour, similar to objects in the outer Solar System, and confirmed that it is completely inert, without the faintest hint of dust around it,â€ she added.
These properties suggest that â€˜Oumuamua is dense, possibly rocky or with high metal content, lacks significant amounts of water or ice, and that its surface is now dark and reddened due to the effects of irradiation from cosmic rays over millions of years. It is estimated to be at least 400 metres long.
Preliminary orbital calculations suggested that the object had come from the approximate direction of the bright star Vega, in the northern constellation of Lyra.
However, even travelling at a breakneck speed of about 95,000 kilometres per hour, it took so long for the interstellar object to make the journey to our Solar System that Vega was not near that position when the asteroid was there about 300,000 years ago.
â€˜Oumuamua may well have been wandering through the Milky Way, unattached to any star system, for hundreds of millions of years before its chance encounter with the Solar System.
Astronomers estimate that an interstellar asteroid similar to â€˜Oumuamua passes through the inner Solar System about once per year, but they are faint and hard to spot so have been missed until now.
It is only recently that survey telescopes, such as Pan-STARRS, are powerful enough to have a chance to discover them.
(With PTI inputs)