The Burj Khalifa is the currently the world’s tallest building at 829.8 metres and has the world’s third fastest elevator. You might have seen a few YouTube videos that showcase how the elevator travels from ground to Floor 124 in just under a minute and many think that its an amazing feat. But, did you know that the Burk Khalifa elevator travels at modest pace of 10m/s whereas the elevator at the CTC Finance Centre doubles this speed with quite an ease. Check this nice graphic from the Financial Times which takes you through the transit times in the elevators in the high rise buildings.
Thoth Technology, that now owns the patent for what might sound like a bizzare idea, points out to the current methods of using rockets to send satellites and spacecrafts in inefficient, since we spend most of the energy from the rockets to escape Earth’s gravitational pull. Thoth Technology, will build a high tower that will be able to fly small space planes into low Earth orbit and place satellites and other payloads in space and return back to the tower, thereby completely by passing, the use of inefficient rockets for the initial launch phase. The company estimates that the effective fuel savings using their technology would be around the 30 per cent mark.