Spin wave mode excited by spin-polarized current in a magnetic nanocontact is a standing self-localized wave bullet.

We demonstrate that the lowest threshold of spin-wave excitation in an in-plane magnetized magnetic nanocontact driven by spin-polarized current is achieved for a nonlinear self-localized spin-wave mode-standing spin-wave bullet--stabilized by current-induced nonlinear dissipation. This nonlinear mode has a nonpropagating evanescent character, is localized in the region comparable with the contact radius, and has a frequency that is lower than the frequency of the linear ferromagnetic resonance. The threshold current and generated frequency at the threshold theoretically calculated for this mode are in quantitative agreement with experiment.