LaserMotive is commercializing laser power beaming to transmit electricity without wires for applications where wires are either cost prohibitive or physically impractical. As our first project, we are a Seattle-based team competing for $2,000,000 in prize money at this year’s annual NASA-sponsored Power Beaming competition, part of the Elevator:2010 Space Elevator Games. Teams entering the Power Beaming Challenge must power a vehicle 1 kilometer (nearly 3,300 feet) straight up a ribbon using only energy beamed to the vehicle from the ground.
www.orlandosentinel.com
(visit the link for the full news article)

