Cool Stars 14 - Submitted Abstract # 221 This version created on 05 October 2006 High Contrast Imaging with the Lyot Project and Integral Field Spectroscopy for Exoplanets Sasha Hinkley, Columbia University/AMNH Ben Oppenheimer, AMNH Anand Sivaramakrishnan, AMNH/Stony Brook Remi Soummer, AMNH Douglas Brenner, AMNH Lewis C Roberts, Boeing Marshall Perrin, UC Berkeley Russel Makidon, STSci Ian Parry, IoA Cambridge David King, IoA Cambridge Steve Medlen, IoA Cambridge The Lyot Project is a multi-institution effort in high contrast imaging aimed at characterizing the environments around nearby stars. We use a classical Lyot coronagraph in tandem with the AEOS telescope, which houses the highest order adaptive optics (AO) system in the world. Our survey focuses on searching for faint companions (late-type stars and brown dwarfs) that would otherwise normally be lost in the glare of their host stars. We are in the process of confirming proper motions for candidate companions, and if confirmed, will measure their SEDs well into the near-infrared. Moreover, we are able to resolve the regions within ~500mas of the host star, as good as any other working high contrast team. This tight inner working angle allows us to survey a greater volume of the solar neighborhood for cool stellar and substellar companions to nearby stars. At this conference, we will showcase images and an SED for a possible brown dwarf/LMS companion to a nearby star. In addition, we are developing an integral field spectrograph to complement our adaptive optics capabilities. Such an instrument will increase our sensitivity by a factor of ~100. The instrument will allow us to disentangle any candidate companions from the speckle noise, the single largest factor limiting our current sensitivity. As a significant bonus, the instrument will also provide low-resolution spectra, allowing us to discern the nature of the companion and analyze its thermochemistry and atmospheric physics. ----------------------------------