|Getting into space is one of the harder tasks to be taken on by humanity. The present cost of inserting a kilogram (2.2 lb) of cargo by rocket into Low Earth Orbit (LEO) is about US$10,000. A manned launch to LEO costs about $100,000 per kilogram of passenger. But who says we have to reach orbit by means of rocket propulsion alone? Instead, imagine sitting back in a comfortable magnetic levitation (maglev) train and taking a train ride into orbit.|
This is a major game changer if they can get it off the ground, no pun intended. I had a look over the technical documentation and credits on the main website and it appears to be bona fide, they even have a discussion forum of some sort for it over here with a bit more information. Its very exciting if true, there's any amount of things we could do at that price level.