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Tuesday, 15 April 2014

Google buys drone manufacturer Titan Aerospace

Google has seen off interest from Facebook to buy a company that manufactures high-altitude drones, part of the technology giant's efforts to bring internet access to far-flung corners of the world. The acquisition of New Mexico's Titan Aerospace for an undisclosed fee was announced on Monday night, just weeks after Facebook was reported to be interested in the company. Titan Aerospace develops solar-powered unmanned aircraft that can fly non-stop for years hundreds of metres above the ground, beaming wireless signals to the ground. 


"Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world." 
                                       A Google spokesman 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. It’s why we’re so excited to welcome Titan Aerospace to the Google family."

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