NASA Extends Prize Funding for Space Elevator Challenges to 5 Years, Spaceward Foundation“The new agreement expands the time-frame of both the Beam Power and the Tether Challenges from one year to five years through the year 2010, and provides incrementally larger total purses for years two through five above the $200K purse in year one for each contest. For the second through the fifth years, the total prize purses to […]