The Pandora SmallSat is a NASA flight project designed to study the atmospheres of exoplanets. Transmission spectroscopy of transiting exoplanets provides our best opportunity to identify the makeup of planetary atmospheres in the coming decade, and is a key science driver for HST and JWST. Stellar photospheric inhomogeneity due to star spots, however, has been shown to contaminate the observed spectra in these high-precision measurements. Pandora will address the problem of stellar contamination by collecting long-duration photometric observations sampled over a stellar rotation period with a visible-light channel and simultaneous spectra with a near-IR channel. These simultaneous multiwavelength observations will constrain star spot covering fractions of exoplanet host stars, enabling star and planet signals to be disentangled in transmission spectra to then reliably determine exoplanet atmosphere compositions. Pandora will observe exoplanets with sizes ranging from Earthsize to Jupiter-size and host stars spanning mid-K to late-M spectral types. Pandora was selected in early 2021 as part of NASA’s inaugural Astrophysics Pioneers Program. Herein, we present an overview of the mission, including the science objectives, operations, the observatory, science planning, and upcoming milestones as we prepare for launch readiness in 2025.