KCBS: Company Plans To Build Space Elevator

KCBS: Company Plans To Build Space Elevator:

"Apr 26, 2005 2:13 pm US/Pacific
BREMERTON, WA (AP) A company in Washington State wants to send an elevator into space.

The LiftPort company says it will open a plant this summer in Millville, New Jersey, to start producing nanotube fibers, which are 60-times stronger than steel.

The company plans to create an eight-inch wide ribbon that would stretch from an ocean platform 62-thousand miles into space.

A robotic elevator would crawl up and down the elevator to carry satellites and eventually people into orbit."