Apr 152014
 
 April 15, 2014  Posted by  Business

Alexis Kleinman reports:

Google announced Monday that it is buying New Mexico-based drone maker Titan Aerospace for an undisclosed sum, the Wall Street Journal reports. If you recognize the name, it’s because Facebook was reportedly in talks to buy the same company.

The thing is, Titan Aerospace doesn’t exactly have a huge number of drones yet. In fact, the company only has two: the solar-powered Solara 50 and the Solara 60, both of which can reportedly stay in flight for five years. If you’re interested, the Solara 50 can carry 70 pounds and the Solara 60 can carry around 250 pounds.

Google plans to use the drones in part for its Project Loon initiative, an attempt to send high-altitude balloons into the sky to connect more of the world to the Internet.

Read more on Huffington post.

Thanks to Joe Cadillic for this link.

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