This paper explores the stability and control of an atmospheric tether syst
em that includes a lifting probe with a moveable attachment point. The dyna
mics of the system with the tether modeled as a rigid rod are linearized ab
out equilibria for circular equatorial orbits. Examination of the eigenvalu
es of the linearized system shows that there is always at least one unstabl
e mode that needs to be controlled. A linear control system that uses the a
ttachment point motion and thrust at the orbiter as inputs is shown to be s
uitable for the conditions considered. The system is also controllable with
any single control input.