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The Sky is the Limit as Google Acquires High Altitude Drone Company

Posted By DashBurst On April 16, 2014 @ 7:00 pm In Technology Trends | 3 Comments

google drones

Google has come one step closer to making its balloon-powered Internet initiative, Project Loon [1], a reality. The tech giant recently acquired Titan Aerospace, a New Mexico-based company that builds drones for high altitudes, the Wall Street Journal reports [2]. Though the price of the acquisition hasn’t been released, Business Insider estimates [3] that it must be higher than the $60 million offer Facebook made earlier this year.

google drones

Titan’s drones can reach atmospheric heights – as high as 12 miles in the sky – and, powered by solar energy [4], can fly continuously for five years straight.

There are a number of projects Google might find Titan’s technology [5] useful for, including Project Loon, Google’s initiative to use balloons to beam Internet connections to under-served, rural areas around the world. Titan’s drones could also help Google collect more satellite imagery for Google Maps, according to [6] TechCrunch. Google also referenced “disaster relief” and “deforestation” as further goals of the acquisition.

News of the deal follows shortly after Facebook acquired [7] Titan competitor Ascenta. Both deals indicate that Google and Facebook are racing to claim more global users by increasing Internet access around the world.

Images: Titan Aerospace

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URL to article: http://smallbiztrends.com/2014/04/google-drones-titan-aerospace.html

URLs in this post:

[1] Project Loon: http://dashburst.com/video/google-project-loon-balloon-powered-internet/

[2] reports: http://online.wsj.com/news/articles/SB10001424052702304117904579501701702936522

[3] estimates: http://www.businessinsider.com/google-buys-drone-company-titan-aerospace-2014-4

[4] solar energy: http://dashburst.com/home-solar-system-rentals-best-buy/

[5] technology: http://dashburst.com/smart-tattoos-healthcare-technology/

[6] according to: http://techcrunch.com/2014/04/14/google-acquires-titan-aerospace-the-drone-company-pursued-by-facebook/

[7] acquired: http://dashburst.com/internet-org-free-acess/

[8] Original here: http://dashburst.com/google-acquires-titan-aerospace-drones/