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NASA is currently sponsoring a new project, which is designed to develop a space elevator that can travel a distance of one kilometers altitude at a speed of 5 meters per second.

The project here is not exactly new, but already are on the run for some time and the 2 Place with a prize money of 900,000 U.S. $ was awarded to a team of developers, which could already lift to travel a speed of 2 meters per second. The prize money of U.S. $ 1.1 million for the elevator at 5 meters per second is still open and if you can imagine you anything accurate from a space elevator, we have to demonstrate you added a little video.