Friday, Nov 28, 2014Friday, Nov 28, 2014
World
 

Google buys drone maker Titan Aerospace

Published on Apr 16, 2014 1:38 PM
 

SAN FRANCISCO - Google has bought drone manufacturer Titan Aerospace, ramping up its efforts to connect parts of the world that do not have Internet access.

The tech giant said on Monday that the drones will augment its efforts to use giant helium balloons armed with networking equipment to bring Internet connectivity to remote places.

"Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world," the company said in a statement that was also posted on Titan's website. "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."

Google declined to disclose the acquisition price.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos