The Faraday Ring Ammeter was the subject of this grant for a new innovative instrument for space plasma instrumentation. This report summarizes our progress in this work. Briefly, we have conducted an intensive series of experiments and trials over three years, testing some five configurations of the instrument to measure currents, resulting in two Ph.D. theses, supported by this grant, and two flight configurations of the instrument. The first flight would have been on a NASA-Air Force collaborative sounding rocket, but was not flown because of instrumental difficulties. The second has been successfully integrated on the NASA Auroral Turbulence payload which is to be launched in February, 1994.