Month: April 2019

Former Hancock building broken elevator cable never caused ‘freefall,’ 3rd party inspection report says

By Jason Knowles and Ann Pistone Tuesday, April 23rd, 2019 9:45AM CHICAGO (WLS) — You may have been on one of those speedy elevators in the building formerly known as the John Hancock Center. The I-Team learned what inspectors said really happened the night an elevator rope broke in the 100-story iconic skyscraper.  The initial
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Going up? Futuristic space elevator could make going into space a lot easier — for a price

St. John Barned-Smith April 24, 2019 Updated: April 24, 2019 10:57 a.m. Scientists and space enthusiasts hope that future astronauts will be able to travel beyond earth’s orbit by means of a “space elevator.” The concept is relatively simple: Ditch the rockets. Build a tether anchored to a space station beyond Earth’s gravitational orbit. Astronauts or materials could
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Smart Elevators Market to grow at 13% CAGR from 2019 to 2025

Global Smart Elevators Market is set to grow from its current market value of more than $11 billion to over $25 billion by 2025; according to a new research report by Global Market Insights, Inc. Increasing customer spending in constructing technically-advanced and intelligent structures, facilitating high comfort & safety features is driving the smart elevators market.
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