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Video streamed by http://www.AllthingsScience.com We Europeans must build space elevator first in EU (European Union) before USA. It's innovative and much much cheaper transportation to space than conventional unreliable rockets. When we build it, we will dominate the space and collonise the moon and Mars. Ribbon is build from supermaterial called nanotubes - atomically precise tubes, which weigh less and are 50 times stronger than steel. Space elevator will make it possible for everybody to get into the space. Based on european research of nanotechnology and testing in Germany. Building of space elevator in Europe, space elevator contest in California with european teams.