The Smithsonian Institution was established in Washington, D.C. in 1846 "for the increase and diffusion of knowledge". It was originally organized as the "United States Museum," a name that no longer exists. It has often been called "the nation's attic" thanks to its massive and eclectic collection of rarities. In addition to being a museum, the Smithsonian also has several research centers for the advancement of scientific endeavors. Every year, the Smithsonian also hosts a festival called "The Future is Here," which aims to showcase the latest in technological and scientific innovation, and last year they did not disappoint. This footage shows an incredibly exciting live demonstration in the Ronald Reagan Building of an actual, functioning jet pack capable of flying someone around exactly as we came to be fascinated with in those Bond movies long ago.