
The Spaceward Foundation today announced details for 2006 Space Elevator Challenge including tripling the prize money to $400,000. Thirty teams have already registered with a sign up deadline of January 1.
"The 2005 challenge was a great event for us" said Ben Shelef, founder of the Spaceward Foundation who is organizing the competitions, "and with 30 teams on the roster so far, and a first prize of $150,000 for each of two competitions, the 2006 event is looking to be even more exciting."
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