NGC 2736, is a small part of the Vela Supernova Remnant, located near the Vela Pulsar in the constellation Vela. The nebula’s linear appearance triggered its popular name. It resides about 815 light years away from our Solar System. It is thought to be formed from part of the shock wave of the larger Vela Supernova Remnant. The Pencil Nebula is moving at roughly 644,000 kilometers per hour.