Abstract We explicitly describe the second cohomology of the Lie superalgebra 𝒦 ( 1 ) {\mathcal{K}(1)} of contact vector fields on the supercircle S 1 | 1 {S^{1|1}} with coefficients in the spaces of weighted densities. We deduce the second cohomology of 𝒦 ( 1 ) {\mathcal{K}(1)} with coefficients in the Poisson algebra of pseudodifferential symbols on S 1 | 1 {S^{1|1}} . We study formal deformations of the standard embedding of 𝒦 ( 1 ) {\mathcal{K}(1)} into the Poisson superalgebra of pseudodifferential symbols.
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