NASA and Spaceward Foundation Award Prize Money for Successful Wireless Power Demonstration
"NASA has awarded $900,000 in prize money to a Seattle company that successfully demonstrated new wireless energy beaming technology which could one day be used to help power a "space elevator." LaserMotive of Seattle was awarded the money after its performance in the Power Beaming Challenge competition, which was a demonstration of wireless power transmission that enabled a robotic device to climb a vertical cable."

Now to develop a strong material for the space elevator ribbon.
1. A ribbon material.
2. A method of joining sections of material such that the section can be replaced and repaired.
3. A ribbon section replacing machine.
4. A design of ribbon such that it can survive being hit by space debris.
5. An ISRU ribbon material for the Moon - no carbon or hydrogen.
6. Climbers that can climb the new ribbon material.