The prototypical micro-quasar, SS433, one of the most bizarre objects in the Galaxy, is a weak X-ray source, yet the kinetic energy of its relativistic, precessing jets is vastly greater. In spite of its importance as the nearest example of directly observable relativistic phenomena, we know remarkably little about the nature of this binary system. There are ongoing arguments not only about the mass of the compact object, but even as to whether it is a black hole or a neutron star, an argument that recent high resolution optical spectroscopy has contributed to.

Combined with the INTEGRAL discovery of a new class of highly obscured galactic high-mass X-ray binaries, one of which has been found to precess on a similar timescale to SS433, we suggest that these would indeed be seen by external observers as ULXs, once additional effects such as beaming (either relativistic or geometrical) are included.

We examine the possibility that Ultraluminous X-ray sources (ULXs) represent the extreme end of the black hole X-ray binary (XRB) population. Based on their X-ray properties, we suggest that ULXs are persistently in a high/hard spectral state and we propose a new disk–jet model that can accomodate both a high accretion rate and a hard X-ray spectrum. Our model predicts that the modified disk emission can be substantially softer than that predicted by a standard disk as a result of jet cooling and this may explain the unusually soft components that are sometimes present in the spectra of bright ULXs. We also show that relativistic beaming of jet emission can indeed account for the high X-ray luminosities of ULXs, but strong beaming produces hard X-ray spectra that are inconsistent with observations. We predict the beamed synchrotron radio emission should have a flat spectrum with a flux density ≲0.01 mJy.

Radial velocity studies of X-ray binaries provide the most solid evidence for the existence of stellar-mass black holes. We currently have 20 confirmed cases, with dynamical masses in excess of 3 M⊙. Accurate masses have been obtained for a subset of systems which gives us a hint at the mass spectrum of the black hole population. This review summarizes the history of black hole discoveries and presents the latest results in the field.

We simulate the accretion disk evaporation to study the changes of accretion disk structure during the state transition from the soft state to the hard state. We performed 2 dimensional MHD simulations by including the heat conduction process. We assume the axisymmetric accretion and put a cold rotating gas torus in a hot halo in hydrostatic equilibrium initially. Weak magnetic fields are threaded vertically. Heat conduction equation and MHD equations are solved separately according to the time splitting method. We obtained the result that accretion disk is heated by the hot corona and the hot gas evaporates from the accretion disk surface. We found that magnetic fields lines bended by disk rotation restrict the energy transport vertically and make disk evaporation ineffective.