NASA’s Office of the Chief Technologist and the agency’s newly created Space Technology Program moved from formulation to implementation in 2011. The Space Technology Program is investing in transformation technologies to improve NASA’s capabilities, while reducing cost and expanding the reach of future aeronautics, science and exploration missions. The program has more than 1,000 projects underway, almost all of which were competitively selected, ranging across all technical areas and all levels of technical maturity. The first Technology Development Mission, the Mars Science Laboratory Entry, Descent, and Landing Instrument (MEDLI) Suite, launched with the Mars Science Laboratory in November. In addition, NASA spinoff technologies have created thousands of jobs and revenue while significantly improving the quality of life for millions of people. In September, NASA awarded $1.5 million in prizes for hyper-efficient aircraft at the Green Flight Challenge, heralding a new industry for electric aircraft.