It works on paper sure, but the amount of raw materials and energy required is at least a couple of hundred years away, as currently, we cant even conceive of a way to get the required ingredients. However, it is still a pretty cool notion that it is indeed possible to achieve this.
You'd think so judging by the name, but it's not. It isn't possible anytime soon but it is possible. They essentially found a loophole in the law of, nothing can travel faster than light, and mathematically proved said loophole. Here's a link to an article discussing it, but if you want in-depth, I suggest watching the video at the bottom of it.
http://www.iflscience.com/space/nasa-reveals-latest-warp-drive-ship-designs/
http://www.iflscience.com/space/nasa-reveals-latest-warp-drive-ship-designs/