THE DISCOVERY OF THE TRAPPIST-1 SYSTEM WHICH CONSISTS OF AN ULTRA COOL M-DWARF STAR ORBITED BY 7 PLANETS 3 OF WHICH ARE LOCATED IN THE HABITABLE ZONE HAS DEMONSTRATED THAT THESE TYPES OF PLANETARY SYSTEMS AROUND DWARF STARS ARE VERY COMMON. SUCH SYSTEMS ARE WELL SUITED FOR THE STUDY OF EXOPLANETS. IN PARTICULAR SEARCH FOR BIO-SIGNATURES IN THE ATMOSPHERE OF PLANETS IN THE HABITABLE ZONE AROUND M-STARS WILL BE A HIGH-PRIORITY SCIENCE GOAL OF FUTURE SPACE MISSIONS. THE MID-INFRARED (MID-IR) BAND BETWEEN 6 AND 15 MICRONS IS PROBABLY THE BEST AVAILABLE BAND FOR THIS SCIENCE BECAUSE THE BAND CONTAINS SPECTRAL LINES OF METHANE OZONE AND NITROUS OXIDE. THE COEXISTENCE OF THOSE IN A PLANET'S ATMOSPHERE WOULD BE A VERY STRONG INDICATOR FOR LIFE ON THE PLANET. MID-IR TRANSIT SPECTROMETERS ON FUTURE SPACE MISSIONS SUCH AS ORIGINS SPACE TELESCOPE (OST) WILL BE THE INSTRUMENT OF CHOICE TO DETECT THESE BIO-SIGNATURES IN EXOPLANETS AROUND M-DWARFS. HOWEVER CURRENT MID-IR DETECTORS ARE BASED ON IMPURITY BAND CONDUCTION (IBC) DEVICES SUCH AS SI:AS DETECTORS WHICH HAVE SIGNIFICANT PROBLEMS WITH STABILITY. AS A RESULT THOSE DETECTORS ARE NOT EXPECTED TO PROVIDE THE REQUIRED STABILITY OF ~ 5 PPM NEEDED FOR A RELIABLE DETECTION OF THE AFOREMENTIONED SPECTRAL LINES. WHILE EFFORTS ARE UNDER WAY TO IMPROVE IBC DETECTORS IT IS UNCLEAR HOW FAR THE PERFORMANCE CAN BE IMPROVED. HERE WE PROPOSE THE INITIATION OF THE DEVELOPMENT OF AN ULTRA-STABLE MID-INFRARED ARRAY SPECTROMETER DEMONSTRATION FOR EXOPLANET TRANSITS (MIRASET) WHICH INCLUDES A CALIBRATION SYSTEM THAT AS WE SHOW IS NEEDED TO ACHIEVE THE REQUIRED SENSITIVITY FOR THE DETECTION OF ATMOSPHERIC BIO-SIGNATURES IN HABITABLE-ZONE PLANETS AROUND M-DWARFS. THE SPECTROMETER WILL BE DEMONSTRATED WITH ARRAYS OF TRANSITION EDGE SENSOR DETECTORS (TES). THESE DEVICES ARE KNOWN TO BE INTRINSICALLY VERY STABLE AND THE REQUIRED DETECTOR PARAMETERS (SENSITIVITY DYNAMIC RANGE) FOR SPACE BASED MID-IR TRANSIT SPECTROSCOPY CAN BE EASILY MET WITH EXISTING DEVICES. NO NEW DETECTOR DEVELOPMENTS ARE REQUIRED. THE SPECIFIC WORK WE PROPOSE HERE WILL INCLUDE THE DEVELOPMENT OF A HIGH-ACCURACY CALIBRATION SYSTEM WITH A STABLE REFERENCE SOURCE WHICH ITSELF WILL BE MONITORED BY AN OUT OF BAND (0.5 .M) DETECTOR AT A WAVELENGTH AT WHICH THE PRECISION OF THE MEASUREMENTS EXCEEDS THAT OF AN IN-BAND CALIBRATION. WE WILL BUILD THE CALIBRATION SYSTEM MOUNT IT IN A DEWAR AND WILL VERIFY ITS THERMAL AND MECHANICAL PROPERTIES. THIS PREWORK WILL BE NECESSARY TO PREPARE FOR REAL TIME MONITORING OF THE DETECTOR GAIN WHICH WE ANTICIPATE WILL RESULT IN A BACKGROUND LIMITED PERFORMANCE WITH THE REQUIRED STABILITY OF BETTER THAN 5 PPM FOR THE DETECTION OF BIO-SIGNATURES IN A DESIGNATED SPECTROMETER FLYING E.G. ON THE OST SPACE TELESCOPE AND AS SUCH WILL HELP TO ANSWER ONE OF NASA'S MAIN QUESTIONS: "ARE WE ALONE?"