The ionization dynamics of He nanodroplets irradiated with intense femtosecond extreme ultraviolet pulses of up to 10 13 W=cm 2 power density have been investigated by photoelectron spectroscopy. Helium droplets were resonantly excited to atomiclike 2p states with a photon energy of 21.4 eV, below the ionization potential (I p ), and directly into the ionization continuum with 42.8 eV photons. While electron emission following direct ionization above I p is well explained within a model based on a sequence of direct electron emission events, the resonant excitation provides evidence of a new, collective ionization mechanism involving many excited atomiclike 2p states. With increasing power density the direct photoline due to an interatomic Coulombic decay disappears. It indicates that ionization occurs due to energy exchange between at least three excited atoms proceeding on a femtosecond time scale. In agreement with recent theoretical work the novel ionization process is very efficient and it is expected to be important for many other systems. With the advent of short-wavelength free-electron lasers (FELs) the interaction between intense, high-energy light pulses and matter has become a very active field of research [1][2][3] and one of the most exciting topics in atomic and molecular science. Key questions are related to ionization dynamics on an atomic level, answers to which will help to develop an understanding of processes in more complex systems. In pioneering experiments and theoretical studies, various new phenomena such as absorption enhancement [1,4], bleaching [3,5,6], as well as modification [7] and suppression [8] of electron emission were discovered.At high power densities a nanoscale sample, such as a large molecule or cluster, can absorb a large number of photons and the system undergoes a transition to a highly excited, nonequilibrium state. Ionization in this case is strongly interlinked with correlated electron dynamics, either due to multielectron collisions with energy exchange [7] or by novel types of autoionization processes related to interatomic Coulombic decay (ICD), as predicted recently [9]. According to this work, clusters resonantly irradiated by intense light pulses with photon energies insufficient to ionize the atoms by single photon absorption are efficiently autoionized due to the energy exchange between two excited electrons [ Fig. 1(a)]. As a result, an unusual form of a collectively excited, plasmalike state may be formed which is expected to autoionize on a fs-ps time scale [9]. Initial evidence for such an ionization process in Ne clusters has been reported recently [10,11].In this Letter we report a study of electron emission from He clusters irradiated by intense pulses from the new seeded-FEL FERMI [12] at power densities where such collective autoionization (CAI) processes are expected to occur [13]. He droplets were either resonantly excited to the 2p atomiclike state [14], which is well below the ionization potential (I p ), or excited into the continuum. The elect...