NASA has been trying to find someone that could meet its rigorous Space Elevator demands since 2005 and, after some notable failures , we finally have a winner. A company called LaserMotive has won the Beam Power Challenge, tasked with creating a laser-powered robot able to lift a weight on a cable at a speed of greater than two meters per second

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LaserMotive finally wins NASA’s Elevator:2010 Beam Power Challenge, climbs at 3.9 meters/second (video)