SourceTech411 supports our readers with researched Tech info, News and Reviews to help you find the stuff that makes you happy.
You support us through our independently chosen links, which may earn us a commission.
Read more about what we do and how you can support this site.

How Kickstarter is helping to promote private space flight Via Acumor

Liftport Space Elevator
Liftport Space Elevator

Crowdfunding is helping inventors invent, filmmakers bring their visions to the screen and artists create their own comic books. Yet can this technology-driven approach to funding give a boost to the private space race? A recent story by PCMag boasts a surprising answer: Yes.

First stop: The moon

The PCMag story highlights the efforts of Michael Laine, former NASA engineer and the founder of LiftPort. He’s trying to develop a new, rocket-less way to get to the moon, what he calls a lunar elevator. Will it work? Who knows? But Laine has attracted the attention of investors through a Kickstarter campaign. His goal for the campaign had been to raise $8,000. Instead, it produced a stunning $110,000.

Why it’s needed

When NASA ended its space shuttle program, it provided an opening for private entrepreneurs who have the objective of exploring outer space on their own. And that has left an opening, too, for crowdfunding efforts to help provide the money needed for private space exploration.

The power of crowdfunding

Planetary Resources has turned to crowdfunding, too, running its own Kickstarter campaign with the goal of raising $1 million to create a low-Earth orbit telescope. As PCMag reports, this campaign has been successful, too. The company in just 32 days received $1.5 million from 17,600 supporters.


(Image Credit – Bing Images )

Acumor delivers proactive maintenance services through our flat-rate IT Support Service. Designed to reduce your costs, increase your profits and mitigate your business risks, we partner with you as your Virtual CIO and IT Department, allowing you to focus on running your business, not your technology.

Your generous support by using our links for purchases is much appreciated. You may be interested in these Amazon products - Thank You! ***

Join Our Mailing List

Get the daily tech deal straight to your inbox. It's a simple email focusing on just one product – an essential piece of personal tech or electronics


You might also like More from author

Comments are closed.