A family of three-dimensional travelling waves for flow through a pipe of circular cross section is identified. The travelling waves are dominated by pairs of downstream vortices and streaks. They originate in saddle-node bifurcations at Reynolds numbers as low as 1250. All states are immediately unstable. Their dynamical significance is that they provide a skeleton for the formation of a chaotic saddle that can explain the intermittent transition to turbulence and the sensitive dependence on initial conditions in this shear flow.PACS numbers: 47.20.Ft ,47.20.Lz ,47.35.+i Based on decades of studies it is consensus that HagenPoiseuille flow through a pipe of circular cross section belongs to the class of shear flows that does not become linearly unstable. Nevertheless, it undergoes an intermittent transition to turbulence for sufficiently high Reynolds numbers and sufficiently large initial perturbations, as first documented in the classic experiments by Reynolds [1]. Since then many studies have analyzed the mechanisms of transition and the properties of the turbulent state [2,3,4,5,6]. Particularly relevant to the present analysis are the investigations by Darbyshire and Mullin [7] which clearly show a strong sensitivity to perturbations and a broad intermittent range of decaying and turbulent perturbations in an amplitude vs. Reynolds number plane. Experimental and numerical studies [3,8] show that the turbulent flow in the transition region is dominated by downstream vortices and streaks. Various models for their dynamics have been analyzed [9,10]. Taking the full nonlinearity into account Waleffe developed the concept of a nonlinear turbulence cycle for the regeneration of vortices and streaks [11]. In addition, stationary solutions and travelling waves have been found in the full nonlinear equations for plane Couette, Taylor-Couette and plane Poiseuille flow [12,13,14,15,16]. It has been suggested that these structures provide a skeleton for the transition to turbulence and the observed intermittency [17,18]. They clearly dominate various observables in low Reynolds number turbulent flows [10], and are also relevant for an understanding of the effects of non-Newtonian additives [19].The existence of exact coherent states in pipe flow has been an object of speculation for some time [5,6,7]. As we will show here Hagen-Poiseuille flow supports families of travelling waves with structures similar to those observed in other shear flows as well. This underlines the significance of vortex-streak interactions also in this system and opens alternative routes to modelling and controlling pipe flow. * Electronic address: Holger.Faisst@physik.uni-marburg.deThe existence of stationary states in plane Couette flow is connected with an inversion symmetry in the laminar profile. In the absence of such a symmetry in pipe flow the simplest states we can expect are travelling waves (TWs), i.e. coherent structures that move with constant wave speed. The wave speed depends on shape and structure and is not known in advance....