It could be an extremely ancient pulsar, which may account for its location outside the plane of the galaxy. More likely, it's something we've never come across before and are struggling to fit it into our current understanding of the universe. We have already spent a considerable amount of time searching through NASA to see what we could discover, which sad to say was not much. We also searched MIT Space Research Center, but could only come up with an e-mail address for Ron Remillard , at Los Alamos. The websites were a much more difficult place to search for information.
More evidence is needed to make a proper identification.
Because this object can be observed by enthusiasts with high quality amateur scopes, we urge both professional and amateur astronomers to intensify study of this baffling new object and to submit their results in an objective and open manner.