It's Thurston Moore's new band. Their album is coming out early next year.
I saw their show here in Seoul the other day and it was awesome.
It was super cool & damn hilarious when Thurston came down the stage and rubbed his guitar on a random audience's head while playing Ono Soul.
He even let his guitar crowd surf making chaotic noise.

If Sonic Youth is not playing 2013, I want to see Chelsea Light Moving again at Coachella.