Compact Objects in close orbits as Gravitational Wave Sources: Formation Scenarios and Properties

Gravitational Waves (GWs) provide a unique way to explore our Universe. The ongoing ground-based detectors, e.g., LIGO, Virgo, and KAGRA, and the upcoming next-generation detectors, e.g., Cosmic Explorer and Einstein Telescope, as well as the future space-borne GW antennas, e.g., LISA, TianQin, and TaiJi, cover a wide range of GW frequencies {from $\sim 10^{-4}\;\rm Hz$ to $\sim 10^3\;\rm Hz$} and almost all types of compact objects in close orbits serve as the potential target sources for these GW detectors. The synergistic multi-band GW and EM observations would allow us to study fundamental physics from stars to cosmology. {The formation of stellar GW sources has been extensively explored in recent years, and progress on physical processes in binary interaction has been made as well. Furthermore, some studies have shown that the progress in binary evolution may significantly affect the properties of the stellar GW sources.}
Comment: 33 pages, 8 figures; Invited Review of Results in Physics; Accepted for publication; References updated