By Deane Barker on September 6, 2004

Elevator 2010: Move over XPrize, Elevator:2010 is here. They’re offering $50,000 to the best “climber” prototype, with a couple of other contests for some other pieces of the puzzle.

We firmly believe that the set of technologies that underlie the infinite promise of the Space Elevator can be demonstrated, or proven infeasible, within a 5 year time-frame.

And hence our name. Elevator:2010. we promise to get an answer for you by then.

We’ve talked about space elevators before, and we weren’t too optimistic about them.

Via Metafilter.