Pluto until recently was the 9th planet in our solar system. It was downgraded from its planet status to a dwarf planet. Wikipedia says this about Pluto.
Pluto, formal designation 134340 Pluto, is the second-most-massive known dwarf planet in the Solar System (after Eris) and the tenth-most-massive body observed directly orbiting the Sun. Originally classified as the ninth planet from the Sun, Pluto was recategorized as a dwarf planet and plutoid due to the discovery that it is only one of several large bodies within the Kuiper belt.
Like other members of the Kuiper belt, Pluto is composed primarily of rock and ice and is relatively small: approximately one-sixth the mass of the Earth's Moon and one-third its volume. It has an eccentric and highly inclined orbit that takes it from 30 to 49 AU (4.4–7.4 billion km) from the Sun. This causes Pluto to periodically come closer to the Sun than Neptune. As of 2011, it is 32.1 AU from the Sun.
From its discovery in 1930 until 2006, Pluto was classified as a planet. In the late 1970s, following the discovery of minor planet 2060 Chiron in the outer Solar System and the recognition of Pluto's relatively low mass, its status as a major planet began to be questioned. In the late 20th and early 21st centuries, many objects similar to Pluto were discovered in the outer Solar System, notably the scattered disc object Eris in 2005, which is 27% more massive than Pluto. On August 24, 2006, the International Astronomical Union (IAU) defined what it means to be a "planet" within the Solar System. This definition excluded Pluto as a planet and added it as a member of the new category "dwarf planet" along with Eris and Ceres. After the reclassification, Pluto was added to the list of minor planets and given the number 134340. A number of scientists hold that Pluto should continue to be classified as a planet, and that other dwarf planets should be added to the roster of planets along with Pluto.
Pluto has five known moons, the largest being Charon discovered in 1978, along with Nix and Hydra, discovered in 2005, and the provisionally named S/2011 P 1, discovered in 2011. Another discovery was announced on 11 July 2012, provisionally designated S/2012 (134340) 1, bringing the total number of identified satellites orbiting Pluto to five. Pluto and Charon are sometimes described as a binary system because the barycenter of their orbits does not lie within either body. However, the IAU has yet to formalise a definition for binary dwarf planets, and as such Charon is officially classified as a moon of Pluto.
Here are links to research about Pluto.
NASA's New Horizons spacecraft is now almost seven years into its 9.5-year journey across the solar system to explore Pluto and its system of moons. Just over two years from now, in January 2015, New Horizons will begin encounter operations, which will culminate in a close approach to Pluto on July 14, 2015, and the first-ever exploration of a planet in the Kuiper Belt.
The irregularly shaped [new] moon is between six and 16 miles across. It circles Pluto in a 30,000-mile-radius orbit, roughly an eighth of the distance at which our moon orbits Earth. Hubble spotted the moon, whose short designation is “P5,” with one of its wide-field cameras in nine images taken in late June and early July.

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