In this document, we discuss the state of the art for technology readiness assessments through the use of established metrics, we propose a Model-Based Systems Engineering (MBSE) approach that streamlines the process, and we provide a specific implementation of this approach with our TRA Tool.The TRA Tool provides a methodology for completing a Technology and System Readiness Assessment in a model-based environment. The tool allows for the efficient collection and management of data on the maturation schedule of each technology and integration of a complex system design in a SysML based architecture model.
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