I threw my own design out there, too: the conceptual, Mach 10-capable Skreemr jet.

But lack of speed isn't the only problem that needs fixing in today's aviation industry. Sometimes the issue is as simple—and stubborn—as the lack of a place to land. That's why I've created the Pelagor, a conceptual, hybrid, ground effect seaplane designed to haul cargo short distances.

The Pelagor would rely on a hybrid power system: a fuel-powered jet turbine and a pair of batteries powering 40 propellers (if that sounds nuts, just look at NASA's LeapTECH project). Once aloft, it would function like a ground effect plane, flying just feet above the surface thanks to the combination of lift from the wings and limited drag.

Ground effect aircraft have never proliferated, but I think the approach would work for ferrying shipping containers short distances, chiefly to islands or remote spots with limited aviation infrastructure, like in the Canadian Arctic.