A bright future ahead for direct imaging of extrasolar planets Olivier Guyon Subaru Observatory & U. Arizona Although direct imaging of exoplanets is starting to yield detections, it is still extremely challenging, and most of our knowledge on exoplanets is derived from non-imaging techniques. Direct imaging and characterization (spectroscopy) of potentially habitable planets is of very high scientific value but is still beyond the capabilities of ground-based and space-based observatories currently in operation or under construction. We should however see in the next decade considerable progress in direct imaging techniques and scientific results. New and promising wavefront sensing, coronagraphic and calibration techniques have been developed by several groups in the last few years and are started to be realized in laboratories. I will briefly review some of these techniques, and show that they are rapidly getting ready for "prime time" on existing and future telescopes. I will illustrate these recent advances with two projects I am working on: - PECO, a 1.4m space telescope currently under study for NASA, has sufficient sensitivity to image Earth-like planets around a few nearby stars. - The Subaru Coronagraphic Extreme-AO system, which is aimed at rapidly deploying new lab-proven techniques on a large ground-based telescope, and will be seeing first light in a few months