The Event Horizon Telescope (EHT) Collaboration recently published the first images of the supermassive black holes in the cores of the Messier 87 and Milky Way galaxies. These observations have provided a new means to study supermassive black holes and probe physical processes occurring in the strong-field regime. We review the prospects of future observations and theoretical studies of supermassive black hole systems. Current ground-based very-long-baseline interferometry (VLBI) arrays like the EHT and proposed future extensions like the next-generation Event Horizon Telescope will greatly enhance the capabilities of black-hole imaging interferometry. These enhancements will open up several previously inaccessible avenues of investigation, thereby providing important new insights into the properties of supermassive black holes and their environments. This review describes the current state of knowledge for five key science cases, summarising the unique challenges and opportunities for fundamental physics investigations that future mm/sub-mm VLBI developments will enable.

We present the Black Hole Explorer (BHEX), a mission that will produce the sharpest images in the history of astronomy by extending submillimeter Very-Long-Baseline Interferometry (VLBI) to space. BHEX will discover and measure the bright and narrow “photon ring” that is predicted to exist in images of black holes, produced from light that has orbited the black hole before escaping. This discovery will expose universal features of a black hole’s spacetime that are distinct from the complex astrophysics of the emitting plasma, allowing the first direct measurements of a supermassive black hole’s spin. In addition to studying the properties of the nearby supermassive black holes M87^∗ and Sgr A^∗, BHEX will measure the properties of dozens of additional supermassive black holes, providing crucial insights into the processes that drive their creation and growth. BHEX will also connect these supermassive black holes to their relativistic jets, elucidating the power source for the brightest and most efficient engines in the universe. BHEX will address fundamental open questions in the physics and astrophysics of black holes that cannot be answered without submillimeter space VLBI. The mission is enabled by recent technological breakthroughs, including the development of ultra-high-speed downlink using laser communications, and it leverages billions of dollars of existing ground infrastructure. We present the motivation for BHEX, its science goals and associated requirements, and the pathway to launch within the next decade.