The first CFD IMPACT conference focused on the area of Computational Fluid Dynamics (CFD) was held on June 30th, 2015, at the Mechanical Engineering faculty at the Technion. The purpose of the conference was to bring together the people working in the field, to create an infrastructure for forming a research community which holds a fruitful dialogue and to learn about the latest studies in academia, industry and governmental organizations. Over 45 participants from various organizations listened to twelve talks that shed light on various aspects of the research being done in the field, and to the keynote lecture given by Peter Vincent from the London Imperial College on the next generation of Computational Fluid Dynamics. The wide array of areas discussed in the conference gave it a multidisciplinary flavor. They ranged from Aeronautics, propulsion, flow control and cardio-vascular flow to advanced numerical systems and boundary closure parallel computing using high end graphic processors. The conference ended with a tour of the new CFDLAB headed by Prof. Steven Frankel, conference organizer. The second CFD IMPACT conference is scheduled for the summer of 2016 in the Faculty.