  The CBM experiment at the Facility for Antiproton and Ion Research (FAIR)
aims to explore the QCD phase diagram in the region of high net-baryon
densities using nucleus-nucleus collisions ($\sqrt{s_{NN}}$ = 2.9 - 4.9 GeV).
CBM will be utilizing peak interaction rates of up to 10 MHz and an advanced
triggerless data acquisition scheme to provide it with an unique access to rare
physics probes required to accomplish CBM's physics goals. This contribution
will summarise CBM's progress in terms of its physics performance simulations
and the status of the comprising detector sub-systems, including their
involvement in FAIR Phase-0 activities.
