The antiProton ANnihilation at DArmstadt (PANDA) experiment is one of the four key experiments to be operated at the Facility for Antiproton and Ion Research (FAIR), which is currently under construction near Darmstadt/Germany. This fixed target experiment will address a wide range of open questions in the field of hadron physics. The detector consists of at target as well as a forward spectrometer to fully exploit the forward boosted collisions of antiprotons with dense hydrogen or nuclear targets.Phase-space cooled antiprotons with momenta in the range of 1.5 GeV/c to 15 GeV/c provided by the High Energy Storage Ring (HESR) allow for high precision line-shape scans. The ability to perform exclusive reconstruction of arbitrary final states enables a physics program including topics such as spectroscopy in the charmonium and open-charm region, proton structure, and hyperon and hypernuclear physics. This paper will give an overview of the PANDA experiment and highlight some of the important aspects of the physics program.