LaserMotive gets some new sponsors…

June 17th, 2010

Just a case of the rich getting richer…  Team LaserMotive, winners of a cool $900K in last year’s Climber / Power-Beaming portion of the Space Elevator Games, has acquired some new sponsors in its attempts to collect the remaining $1.1M in the NASA-provided prize pool.

This is detailed on their latest blog posting on their website.  Money quote:

“We’re pleased to announce these industry partners as sponsors of Team LaserMotive as we prepare to enter the next round of the Power Beaming Competition in 2010,” said Tom Nugent, president and co-founder of LaserMotive. “Laser power beaming — the wireless transfer of energy from one location to another using laser light — offers tremendous potential to businesses in a wide variety of industries, ranging from alternative energy to unmanned aerial vehicles. Not only do we believe that the sponsorships will enhance the development of our entry for this year’s Competition, but the technology developed can be used to further practical applications for laser power beaming, both near and long term.”

This is just going to make them an even more fearsome competitor in the upcoming competition.  Congratulations again to LaserMotive!

Entry Filed under: News / Announcements, Elevator2010