Perhaps you’ve been sitting on a design for the successor for to the C-130 Hercules cargo plane? Maybe you’ve got a plan for cyber-security that will make the world’s financial institutions impenetrable. Well, now is your chance to gain the attention of one of the biggest names in the global military-industrial complex. Lockheed Martin is holding a worldwide contest with prizes to the tune of $50,000.
Hercules, Hercules, Hercules…
Lockheed’s “Innovate the Future” contest represents a worldwide platform for interested participants to exchange ideas on how innovation can save the planet from all sorts of calamity. Participants are invited to submit their vision for addressing some of issues facing the world, such as the need for sustainable energy, cyber security, and healthcare.
“Lockheed Martin has 100-year legacy of discovery, innovation, and breakthroughs that have made lasting impacts on society, from human’s first attempts at flight, to systems for controlling the world’s air traffic, to our earliest exploration of space,” said Dr. Ray O. Johnson, Senior Vice President and Chief Technology Officer for Lockheed Martin.
“An important lesson from this legacy is that good ideas can come from anywhere. Through this contest, we are creating an online environment that helps people with diverse backgrounds and experiences share their ideas,” continued Johnson.
To enter the contest, innovators must fill-out a brief submission form online from 6 August through 30 September, 2012. Thousands will enter, but only up to five deigns will be chosen by judges from Lockheed Martin, together with at least one third-party.
You’ll need a cargo plane to carry all the loot…
The payload includes up to one $25,000 grand prize, one $10,000 second place prize, and three $5,000 third place prizes. The lucky grand prize winner will also receive an incubation contract with the Maryland Technology Enterprise Institute at the University of Maryland to try to get the winning design off the ground (perhaps, quite literally).
Lockheed Martin (which has been making its famous Hercules aircraft since 1954) is currently commemorating its Centennial anniversary and the company’s history of innovation (The company has been making its famous Hercules aircraft since 1954).
So, if you think you’ve got a soaring idea, or a green energy innovation that will harness the power of sunlight… uh, oh yeah that one has already been done…well at any rate, you should enter the contest.