Organizers say the museum aims to get adolescents interested in science and technology, and maybe entice an aerospace career in the future.
The project is part of the $1 billion Purdue Innovation District, a partnership between the Purdue Research Foundation and Browning Investments LLC.
The research will focus on building more efficient jet engines.
Rolls-Royce is planning to modernize its Indianapolis plant.
400 Rolls Royce employees, mostly based in Indianapolis, will lose their jobs.