II_{\infty} Factors and M-theory in Asymptotically Flat Space-Time
  I discuss a formulation of M-theory at null infinity, which is based on general principles of holographic space-time, and is manifestly covariant. The construction utilizes a certain Type II Von Neumann algebra, which provides a kinematic framework, alternative to Fock Space, for describing the scattering states of eleven dimensional asymptotically flat M-theory. The construction provides a greatly clarified statement of the connection between SUSY and holography. I make preliminary remarks about dynamical equations for the S-matrix, and compactifications. 
T. Banks