The blazar Mrk 501 was observed at energies above 0.10 TeV with the MAGIC Telescope from 2005 May through July. The high sensitivity of the instrument enabled the determination of the flux and spectrum of the source on a night-by-night basis. Throughout our observational campaign, the flux from Mrk 501 was found to vary by an order of magnitude. Intranight flux variability with flux-doubling times down to 2 minutes was observed during the two most active nights, namely, June 30 and July 9. These are the fastest flux variations ever observed in Mrk 501. The similar to 20 minute long flare of July 9 showed an indication of a 4 +/- 1 minute time delay between the peaks of F(< 0.25 TeV) and F(> 1.2 TeV), which may indicate a progressive acceleration of electrons in the emitting plasma blob. The flux variability was quantified for several energy ranges and found to increase with the energy of the gamma-ray photons. The spectra hardened significantly with increasing flux, and during the two most active nights, a spectral peak was clearly detected at 0.43 +/- 0.06 and 0.25 +/- 0.07 TeV, respectively, for June 30 and July 9. There is no evidence of such a spectral feature for the other nights at energies down to 0.10 TeV, thus suggesting that the spectral peak is correlated with the source luminosity. These observed characteristics could be accommodated in a synchrotron self-Compton framework in which the increase in gamma-ray flux is produced by a freshly injected ( high energy) electron population

MAGIC is a system of two Imaging Atmospheric Cherenkov Telescopes located in the Canary island of La Palma, Spain. During summer 2011 and 2012 it underwent a series of upgrades, involving the exchange of the MAGIC-I camera and its trigger system, as well as the upgrade of the readout system of both telescopes. We use observations of the Crab Nebula taken at low and medium zenith angles to assess the key performance parameters of the MAGIC stereo system. For low zenith angle observations, the standard trigger threshold of the MAGIC telescopes is ∼ 50 GeV. The integral sensitivity for point-like sources with Crab Nebula-like spectrum above 220 GeV is (0.66 ± 0.03)% of Crab Nebula flux in 50 h of observations. The angular resolution, defined as the σ of a 2-dimensional Gaussian distribution, at those energies is ≲ 0.07°, while the energy resolution is 16%. We also re-evaluate the effect of the systematic uncertainty on the data taken with the MAGIC telescopes after the upgrade. We estimate that the systematic uncertainties can be divided in the following components: < 15% in energy scale, 11%-18% in flux normalization and ± 0.15 for the energy spectrum power-law slope

Microquasars are binary star systems with relativistic radio-emitting jets. They are potential sources of cosmic rays and can be used to elucidate the physics of relativistic jets. We report the detection of variable gamma-ray emission above 100 gigaelectron volts from the microquasar LS I +61 303. Six orbital cycles were recorded. Several detections occur at a similar orbital phase, which suggests that the emission is periodic. The strongest gamma-ray emission is not observed when the two stars are closest to one another, implying a strong orbital modulation of the emission or absorption processes