The Fermi Gamma‐ray Space Telescope, formerly named GLAST, is a mission in low‐Earth orbit to observe gamma rays from the cosmos in the broad energy range from 20 MeV to >300 GeV, with supporting observations of gamma‐ray bursts from 8 keV to 30 MeV. The telescope far surpasses previous generations in its ability to detect and localize faint gamma‐ray sources, as well as its ability to see 20% of the sky at any instant and scan the entire sky on a timescale of a few hours. With its recent launch on 11 June 2008, Fermi has opened a new and exciting window on a wide variety of exotic astrophysical objects, including pulsars, black holes, active galactic nuclei, and gamma‐ray bursts, and it will enable new research on such topics as the origin and circulation of cosmic rays and searches for hypothetical new phenomena such as annihilation of supersymmetric dark matter.