The aerospace industry has given the world over 100 years of incredible innovation. Technical miracles, thought impossible at the time, have been developed including flight controls, new materials, jet engines, avionics, and satellite navigation, just to name a few. These advances have moved flight from basic stick-and-rudder to a multitude of systems and capabilities that did not exist only a decade ago including commercial autonomous vehicles. The benefits of these advancements also come with unintended adverse impacts to the environment and challenges to the global transportation system. Our global aerospace industry is now in its Third Revolution. The First Revolution took us to the jet age. The Second Revolution brought us to today where at any given time, there are thousands of commercial jets in the air. With the convergence of breakthrough innovations potentially yielding unprecedented integrated capabilities, aerospace engineers can now open the design space beyond the traditional tube-and-wings configuration and fossil-fuel based power plant. How can the aerospace industry become even more innovative and agile to meet the challenges of the next phase of development? How can we work with global aerospace players to embrace emerging breakthroughs as the catalyst for innovation? This presentation provides a glimpse of aeronautical innovation trends and highlights their associated challenges and opportunities. Building on our past successes, we must seize the opportunities to innovate and work together to shape a better future.
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