NASA's National Aeronautics and Space Administration (NASA) has announced a Community Announcement for the 2025 Astrophysics Small Explorer (SMEX) Program, inviting proposals for approximately two to three investigations. Each selected investigation will receive funding of up to $3 million for Phase A concept studies, with a total mission cost cap of $170 million, excluding launch services, which must be provided by the Principal Investigator. This initiative aims to foster innovative astrophysics research and encourages participation from foreign partners, while requiring an Inclusion Plan to enhance diversity within project teams. Interested parties should direct inquiries to Doris Daou or E. Lucien Cox via email, and note that a draft Announcement of Opportunity will be released in December 2024, with final proposals due 90 days thereafter.