We previously heard a rumor that Facebook were looking to buy solar drone maker Titan Aerospace, it would appear that Google was also interested in the company, and has now purchased Titan Aerospace.
Google apparently agreed to offer Titan Aerospace more than Facebook for the company, although no amount has been disclosed, Facebook were rumored to be willing to pay $60 million for the company.
We’re thrilled to announce that Titan Aerospace is joining Google.
At Titan Aerospace, we’re passionate believers in the potential for technology (and in particular, atmospheric satellites) to improve people’s lives. It’s still early days for the technology we’re developing, and there are a lot of ways that we think we could help people, whether it’s providing internet connections in remote areas or helping monitor environmental damage like oil spills and deforestation. That’s why we couldn’t be more excited to learn from and work with our new colleagues as we continue our research, testing and design work as part of the Google family.
Under the Google acquisition, Titan Aerospace will continue to operate out of its HQ in New Mexico, and its 20 employees will continue to work at the company.
Google have not yet revealed their plans for the company, although it is expected to be the same as Facebook, the solar drones will be used to provide Internet access.
Source WSJFiled Under: Top News