This isn't your parents' science fair competition.
It's called the 2011 Spirit of Innovation Awards, a series of challenges involving real-world issues from aerospace research and cybersecurity to clean energy.
And, sponsors Lockheed Martin (NYSE: LMT) and the Conrad Foundation a not-for-profit science and technology education foundation announced this week 27 high school teams will compete in the final stage of the competition.
The competition challenges students to create science and technology-based projects on a range of tech-related fields.
“Lockheed Martin is committed to developing the workforce of the future by engaging students in science, technology, engineering and math education,” said Dr. Ray O. Johnson, senior vice president and chief technology officer for Lockheed Martin. He added the programs is a “great way to challenge and support the next generation of innovators.“
The teams' products will be judged by industry experts, scientists, entrepreneurs and venture capitalists in April.
“We are excited by the caliber of entries to this year’s competition”, said Nancy Conrad, chairman of the Conrad Foundation, which is named for astronaut Pete Conrad, the commander of Apollo 12 and the third man to walk on the moon.
“These innovative students think outside the box,” she added. ” They are risk takers who have shown fantastic potential, and who have ‘the right stuff’ to become leaders in the global economy.”