From cnn.com : A new space race is officially under way, and this one should have the sci-fi geeks salivating.
The project is a “space elevator,” and some experts now believe that the concept is well within the bounds of possibility — maybe even within our lifetimes.
A cable anchored to the Earth’s surface, reaching tens of thousands of kilometers into space, balanced with a counterweight attached at the other end is the basic design for the elevator.
It is thought that inertia — the physics theory stating that matter retains its velocity along a straight line so long as it is not acted upon by an external force — will cause the cable to stay stretched taut, allowing the elevator to sit in geostationary orbit.
The cable would extend into the sky, eventually reaching a satellite docking station orbiting in space.
Read the full article here, it’s a must read!