A neutron star merger is a type of stellar collision. It occurs in a fashion similar to the rare brand of type Ia supernovae resulting from merging white dwarfs. When two neutron stars orbit each other closely, they spiral inward as time passes due to gravitational radiation. When the two neutron stars meet, their merger leads to the formation of either a more massive neutron star, or a black hole (depending on whether the mass of the remnant exceeds the Tolman–Oppenheimer–Volkoff limit). The merger can also create a magnetic field that is trillions of times stronger than that of Earth in a matter of one or two milliseconds. These events are believed to create short gamma-ray bursts. The mergers are also believed to produce kilonovae, which are transient sources of fairly isotropic longer wave electromagnetic radiation due to the radioactive decay of heavy r-process nuclei that are produced and ejected during the merger process.
On 17 August 2017, LIGO/Virgo collaboration detected a pulse of gravitational waves, named GW170817, associated with the merger of two neutron stars in NGC 4993, an elliptical galaxy in the constellation Hydra. GW170817 also seemed related to a short (≈2 second long) gamma-ray burst, GRB 170817A, first detected 1.7 seconds after the GW merger signal, and a visible light observational event first observed 11 hours afterwards, SSS17a.
The association of GW170817 with GRB 170817A in both space and time is strong evidence that neutron star mergers do create short gamma-ray bursts. The subsequent detection of event 'Swope Supernova Survey 2017a' (SSS17a) in the area in which GW170817 and GRB 170817A were known to have occurred and its having the expected characteristics for a kilonova is strong evidence that neutron star mergers do produce kilonovae.
In October 2018, astronomers reported that GRB 150101B, a gamma-ray burst event detected in 2015, may be directly related to the historic GW170817, a gravitational wave event detected in 2017, and associated with the merger of two neutron stars. The similarities between the two events, in terms of gamma ray, optical and x-ray emissions, as well as to the nature of the associated host galaxies, are "striking", suggesting the two separate events may both be the result of the merger of neutron stars, and both may be a kilonova, which may be more common in the universe than previously understood, according to the researchers.
Also in October 2018, scientists presented a new way to use information from gravitational wave events (especially those involving the merger of neutron stars, like GW170817) to determining the Hubble constant, which essential in establishing the rate of expansion of the universe. The two earlier methods, one based on redshifts and another based on the cosmic distance ladder, gave results that do not agree.
In April 2019 the LIGO and Virgo gravitational wave observatories announced the detection of candidate event that is, with a probability 99.94 %, the merger of two neutron stars. Despite extensive follow-up observations, no electromagnetic counterpart could be identified.  
In 2019, analysis of data from the Chandra X-ray Observatory revealed another binary neutron star merger at a distance of 6.6 billion light years, an x-ray signal called XT2. The merger produced a magnetar; its emissions could be detected for several hours.
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