On December 1st, 2005, Prof. Michael Pecht was awarded the Grand Fellowship of the Mirce Akademy, the highest award that the Akademy can bestow upon an individual in recognition of their unique contribution to the understanding and/or predicting of the motion of functionability through system life, at the global level of significance. Previous recipients of the award are:

• Nigel Mansell OBE, 1992 F1 World and 1993 Indy Champion
• Polly Vacher MBE, the first person in the history of aviation to fly solo around the world via all seven continents
• Prof. Arie Dubi, creator of Monte Carlo based SPAR methodology.

As part of this award, on November 30th, 2005, Prof. Pecht gave the Mirce Akademy 2005 Annual Lecture. His lecture was titled "Prognostics and Health Monitoring" The event was held in Greg Norman Hall, Woodbury Park, Exeter, UK. The lecture was open to everyone interested.

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