In a bid to increase the internet penetration in more countries, Google has acquired Titan Aerospace, an established drone company, for an undisclosed price.
This purchase come in weeks after facebook was reported to be interested in purchasing the company. Google approached Titan and offered to beat any price Facebook was offering , before facebook decided to purchase an alternative drone company, Ascenta.
Titan Aerospace, which has around 20 employees, 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,”
“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.” , as google spokesman said.
The team is expected to work directly with the Project Loon team and Makani Power, a wind turbine company Google purchased last year. While they will be working with existing Google teams, the company will remain in New Mexico and under the leadership of its current Chief Executive Vern Rabern
As of right now, it is currently illegal to use a drone for commercial purposes in the United States. However, by 2015, the FAA is reportedly set to introduce regulations that will allow companies such as Google and Facebook explore their latest acquisition.