FASER,the ForwArd Search ExpeRiment,is a proposed experiment dedicated to
searching for light, extremely weakly-interacting particles at the LHC. Such
particles may be produced in the LHC's high-energy collisions and travel long
distances through concrete and rock without interacting. They may then decay to
visible particles in FASER, which is placed 480 m downstream of the ATLAS
interaction point. In this work we briefly describe the FASER detector layout
and the status of potential backgrounds. We then present the sensitivity reach
for FASER for a large number of long-lived particle models, updating previous
results to a uniform set of detector assumptions, and analyzing new models. In
particular, we consider all of the renormalizable portal interactions, leading
to dark photons, dark Higgs bosons, and heavy neutral leptons (HNLs); light B-L
and Li​−Lj​ gauge bosons; axion-like particles (ALPs) that are coupled
dominantly to photons, fermions, and gluons through non-renormalizable
operators; and pseudoscalars with Yukawa-like couplings. We find that FASER and
its follow-up, FASER 2, have a full physics program, with discovery sensitivity
in all of these models and potentially far-reaching implications for particle
physics and cosmology
