Shape memory alloys are a type of smart material that can significantly change their shape or size in response to external stimuli like stress or temperature. They have the ability to return to a predetermined shape when heated or cooled below a transformation temperature. Common shape memory alloys include nickel-titanium (Nitinol), copper-zinc-aluminum, and copper-aluminum-nickel alloys. Shape memory alloys have applications in aerospace, medicine, and bioengineering. Current and future smart material inventions include synthetic spider silk, graphene, metamaterials, and thermochromic cement, with potential uses in fields like electronics, construction, and medical devices.