Petar (petard)

Race #112

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Official speed 61.37 wpm (63.74 seconds elapsed during race)
Race Start October 17, 2012 10:46:55pm UTC
Race Finish October 17, 2012 10:47:59pm UTC
Outcome No win (4 of 4)
Accuracy 97.0%
Points 0.00
Text #463 (Length: 326 characters)

The basic concept is simple: a satellite in geosynchronous orbit is connected by cable to a stationary or mobile platform somewhere on Earth's equator. An elevator would ride up and down the cable at a fraction of present costs. Many sane and sober people believe that a space elevator will be constructed within this century.