We present the discovery of a candidate substellar companion from a survey
of nearby young stars made with the Near-Infrared Camera and Multiobject Sp
ectrometer coronagraph on the Hubble Space Telescope. The H approximate to
12 mag object was discovered approximately 4 " from the young A0 V star HR
7329. Using follow-up spectroscopy from the Space Telescope Imaging Spectro
graph, we derive a spectral type between M7 V and M8 V with an effective te
mperature of similar to 2600 K. We estimate that the probability of a chanc
e alignment with a foreground dwarf star of this nature is similar to 10(-8
), and therefore we suggest that the object (HR 7329B) is physically associ
ated with HR 7329, with a projected separation of 200 AU. Current brown dwa
rf cooling models indicate a mass of less than 50 M-Jup for HR 7329B based
on age estimates of less than or equal to 30 Myr for HR 7329A.