TW Piscis Austrini (also known as Fomalhaut B) is a main sequence star in the constellation Piscis Austrinus. It lies relatively close to the Sun, at an estimated distance of 24.8lk=onNaNlk=on.To an observer on Earth the star is visually separated from its larger companion Fomalhaut (A) by 2 degrees—the width of four full moons.
The name TW Piscis Austrini is a variable star designation. This is a variable star of the type known as a BY Draconis variable, with surface brightness variations causing the changes as the star rotates. It varies slightly in apparent magnitude, ranging from 6.44 to 6.51 over a 10.3-day period.
TW Piscis Austrini lies within a light-year of Fomalhaut. Due to sharing the same proper motion, and the same estimated age of approximately 440 ± 40 million years, astronomers now consider them to be elements of a multiple star system. A third star, dimmer and more widely separated, Fomalhaut C, gives the system the widest visual separation, to observers from Earth, at approximately 6 degrees.
In 2019, an exoplanet candidate around Fomalhaut B was detected by astrometry, but this remains unconfirmed.