Abstract.Observations of cosmic gamma rays are important for studying high energy phenomena in the universe. Since 2008, the Large Area Telescope on the Fermi satellite has surveyed the whole gamma-ray sky in the sub-GeV/GeV energy region, and accumurated a large amount of data. However, observations at the low galactic latitude remains difficult because of a lack of angular resolution, increase of background flux originating from galactic diffuse gamma rays, etc. The Gamma-Ray Astro-Imager with Nuclear Emulsion (GRAINE) is a gamma-ray observation project with a new balloon-borne emulsion gamma-ray telescope. Nuclear emulsion is a high-resolution 3D tracking device. It determines the incident angle with 0.1• resolution for 1 GeV gamma rays (1.0• for 100 MeV), and has linear polarization sensitivity. GRAINE aims at precise observation of gamma-ray sources, especially in the galactic plane, by repeating long-duration balloon flights with large-aperture-area (10 m 2 ) high-resolution emulsion telescopes. In May 2015, we performed a balloonborne experiment in Alice Springs, Australia, in order to demonstrate the imaging performance of our telescope. The emulsion telescope that has an aperture area of 0.4 m 2 was employed in this experiment. It observed the Vela pulsar (the brightest gamma-ray source in the GeV sky) at an altitude of 37 km for 6 hours out of the flight duration of 14 hours. In this presentation, we will report the latest results and the status of the GRAINE project.