Explore the science prospects and challenges of the LIFE Initiative in this 16-minute conference talk presented by Sascha Quanz from ETH Zürich. Delve into the two dimensions of the initiative, learn about interferometry and its applications, and understand the advantages of mid-infrared technology in exoplanet research. Examine yield calculations and discover the potential for new findings in the field. Investigate complementary signs and discuss the challenges faced by the LIFE Initiative. Gain valuable insights into cutting-edge exoplanet science and the motivations behind mid-IR LIFE-like missions.