What are you trying to do? Articulate your objectives using absolutely no jargon.
My lab focuses on building and designing materials for extreme aerospace/space environments, with applications from rocket engines to extra-terrestrial habitats.
How is it done today, and what are the limits of current practice?
Low throughput techniques that limit materials design.
What is new in your approach and why do you think it will be successful?
Using high-throughput techniques to accelerate materials design for aerospace and space applications.
Who cares? If you are successful, what difference will it make?
NASA and many space/aerospace companies. Facilitate reusability of rocket engines to launch payloads as well as help with deep space missions.