Google Buys Drone Maker to Boost Internet Access from Space
Originally posted on Variety:
Drones are the new black in the tech industry: Google has acquired Titan Aereospace, a startup whose high-altitude, solar-powered drones can provide fast Internet access to users on the ground, with an eye toward putting them into operation next year.
Terms of the deal, first reported by the Wall Street Journal, were not disclosed.
“Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world,” a Google rep said. “It’s still early days, but atmospheric satellites could help bring Internet access to millions of people, and help solve other problems, including disaster relief and environmental damage like deforestation.”
Facebook had been in talks to buy Titan in a deal reportedly worth up to $60 million, to further the social giant’s own plans at providing ubiquitous Internet access to people around the world. But instead, last month Facebook announced the acquisition of U.K.-based Ascenta, another company…
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