The 17 m diameter MAGIC telescope, located on the Canary island of La Palma, is the largest single‐dish Cherenkov telescope for unveiling the gamma‐ray universe. It reaches the lowest energy threshold among ground‐based gamma‐ray observatories: 55 GeV for normal observations, and as low as 25 GeV using a dedicated trigger system developed for pulsar observations. MAGIC also features a unique fast follow‐up capability for tracking transients like gamma‐ray bursts. Since Fall 2004 MAGIC has been taking data routinely, successfully detecting different classes of VHE sources like pulsar wind nebulae, gamma‐ray binaries, pulsars, active galactic nuclei and radio galaxies. Here we review some of the most relevant results from recent observations, and report about the status of MAGIC‐II, a stereoscopic extension by a second 17‐m telescope already in operation.

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