Google Acquires Drone Maker That Facebook Was Eyeing


Todd Wasserman  is reporting for Mashable that Google has purchased Titan Aerospace, a 20 person drone maker that Facebook was also interested in purchasing. There were no financial terms on the deal released on the acquisition. Apparently Facebook was interested to the tune of $60 million.

Google has purchased Titan Aerospace, a maker of drones that Facebook was reportedly interested in buying as well.

“Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world,” Google said in a statement provided to Mashable. “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.”

Titan’s 20-person team will stay in New Mexico and work closely with Google on Project Loon, high-altitude balloons that provide Internet service to areas that currently lack such service. Titan may also work with Makani, a Google project that is developing an airborne wind turbine, according to The Wall Street Journal.

Read the full story here


Comment Policy: welcomes reader comments. Please follow these simple rules:

  • Stay on topic
  • Refrain from personal attacks
  • Avoid profanity
  • Links should be related to the topic of the post
  • No spamming. Listing domains, products, or services will get the comment deleted

We reserve the right to remove comments if we deem it necessary.

Join the Discussion