Tim Queeney

So the exact same effect happens here, as the Earth rotates, the weight at way out in space wants to fly off into the distance, and the tether's preventing it from doing that.

And in the process, that tether becomes bar tight, as it was made of steel,

And once you have that, you can then put a crawler that uses friction wheels on that tether.

And it can crawl up that tether up to, say, 23,000 miles high, which is geosynchronous orbit.

And you open the doors to your crawler and push the satellite out.

And at 23,000 miles high, it's now in geosynchronous orbit.

So you can put things into orbit without using rockets.

You could also use this device to send that corolla all the way to the end of the tether at 100,000 kilometers out.

And that end of that tether is whipping around at very high speed because it has to scribe a much larger circle.

Oh, yeah, yeah.

without any need for rocketry.

So it's an amazing device that up to now hasn't been built because of the one limiting factor, which is how do you build a tether that's strong enough to do the job?

Well, I did speak with two gentlemen who are very bullish about this, a guy named Pete Swan, who's a former NASA rocket scientist.

And he was at one point the head of the International Space Elevator Consortium.

I don't know if you knew there was such a thing, but there is.

Yes.

And so he and then a fellow named Adrian Nixon, who is associated with the University of Manchester in England.

And they are both very bullish about this idea that it can be done and that it will be done soon.

In fact, Pete Swan just left his position with the International Space Elevator Consortium and he's starting up a company.

And he said, we're going to go out and build this sucker.