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The paper presents a brief state of the art of advanced ceramics, metal matrix and ceramic matrix composites. The attention is focused on process technologies involved, applications and future of these “potential ” materials. Some experimental results are included. The future of advanced materials is related to systems solutions, economical manufacturing processing, diverse markets and new technologies. The new materials will provide the opportunity for growth to a new and healthier balance, with vibrant commercial sector delivering an improved quality of life and stronger technology base