Canadian Company Granted Second U.S. Patent for Space Elevator

PEMBROKE, ONTARIO--(Marketwired - Aug. 5, 2016) -

Editors Note: There are two photos associated with this press release.

Thoth Technology Inc. has secured further patent protection for its space elevator technology. The invention, published in this week's United States Patent Gazette, describes an innovative space elevator car mounting method.

"The spiral elevator mechanism allows bi-directional travel up and down a space tower," its inventor Brendan Quine said.

Thoth CEO Caroline Roberts describes the benefits of the new technology:

"Access to near space is set to revolutionise the way we do business on Earth. The advantages for wind-energy generation, communications and space tourism are immense," she said.

Thoth plans to construct pneumatic ThothX towers to access first 1.5 km and then 15 km above Earth within a decade.

http://www.uspto.gov/web/patents/patog/week31/OG/patent.html

US Patent 09403607

To view the release and images on Thoth's website, please visit the following link: http://thothx.com/news-2/

To view the photos associated with this press release, please visit the following links:

http://www.marketwire.com/library/20160805-ThothX_Pod_Closeup1_rev_fig01.jpg

http://www.marketwire.com/library/20160805-ThothX_Tower_Cars_Passing1_pic01.jpg