HIP 57050, or GJ 1148, is a faint star with two orbiting exoplanets in the northern constellation of Ursa Major. Other designations for this star include LHS 2443, G 122-40, and Ross 1003. From a distance of 36 light years based on parallax measurements, it is drifting closer to the Sun with a radial velocity of -9 km/s. This is a faint star with an absolute magnitude of 11.64. At the distance of HIP 57050, the apparent visual magnitude is 11.86, which is much too faint to be seen with the naked eye. HD 164595 has a high proper motion, traversing the celestial sphere at an angular rate of yr−1.
The spectrum of HIP 57050 matches a small M-type main-sequence star, a red dwarf, with a stellar classification of M4.0V. HIP 57050 has a metallicity twice that of the Sun and is among the highest in the immediate solar neighborhood. It has a quiet chromosphere that displays little magnetic activity. A minimal level of amplitude variation from rotation suggests the star may be viewed from nearly pole-on. This star has 36% of the Sun's mass and 40% of the radius of the Sun. It is radiating just 1.5% of the luminosity of the Sun from its photosphere at an effective temperature of 3,236 K.
A team led by astronomer Nader Haghighipour reported the discovery of a Saturn-mass planet in the habitable zone of the star in 2010. According to Haghighipour, the detection is important because it "indicates that observational techniques are on the right track for finding habitable low-mass rocky planets similar to Earth."
According to its discoverers, HIP 57050 b provides support for the proposition that planet-bearing M-class stars tend to be metal-rich, a correlation already observed in F, G and K-class stars.
At the expected planetary effective temperature, the atmosphere may contain water clouds, potentially detectable by the Hubble Space Telescope if it could capture a planetary transit.
The planet's discoverers speculated about the possibility of a habitable exomoon:
Paul Gilster of the Tau Zero Foundation has commented:
Gilster suggested that an Earth-sized moon could exist around the planet if it were captured after forming independently.
A second planet was suspected based on additional radial velocity measurements made at W. M. Keck Observatory, and this was confirmed by measurements taken at Calar Alto Observatory in 2017.