The tethered satellite system (TSS) project was developed, starting fr
om 1984, as a unique system to make active experiments in space plasma
s. This paper aims at providing a thorough description of the basic el
ectrodynamic aspects of a TSS orbiting in the ionosphere. As will be s
een, a wide variety of plasma physics phenomena are associated with th
e interaction of a conducting tether with the ionospheric plasma and,
as a consequence, numerous basic science objectives can be addressed w
ith a TSS system. Besides reviewing the various electrodynamic phenome
na and our present knowledge on them, we provide also a description of
the scientific payload and the nominal science objectives of the firs
t tethered satellite project (TSS-1). A brief account, as well as a fi
rst evaluation, are also given of the mission itself, which was flown
with the shuttle Atlantis launched on July 31, 1992.