"present development" is correct and usable in written English.
You can use it to refer to current or ongoing developments, for example: "The present development of new technologies brings many opportunities for businesses."
The present development is based on the piezoelectric theory, Euler Bernoulli hypothesis, and a newly developed periodicity ratio (P R) approach.
To project from the historical experience of the west is to present development as determinism.
The present development provides an important step for electromechanical polymer actuator technologies.
Unlike Navier-type solutions, the present development can obtain analytical solutions for beams with clamped boundary conditions.
To overcome this difficulty, two different and mutually complementary types of adjustable numerical dissipation are introduced in the present development.
The new museum will complete the present development programme for the abbey but the dean still yearns to take on one more project: the central tower and spire that Hawksmoor proposed and began work on.
In this paper, we present developments related to DDoS attack mitigation solutions in the cloud.
It is thus encouraging that the present developments and approaches are capable of identifying the contribution of deformation mechanisms correctly.
The convergence of the present developments is established by studying a circular cylindrical shell with an attached piezoelectric layer.
Spotlights on historical continuities as well as on profound transformations in the relationship between nature and culture sharpen our awareness for present developments.
These include reports from newspapers like The New York Tribune and The Charleston Mercury; scanned images of their actual front pages present developments as seen by 19th-century readers.
