Google buys Titan Aerospace

Titan Aerospace, a maker of solar powered drones that basically function as satellites, but cruise around the upper atmosphere. Google has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world.
The deal could further enhance Google’s efforts to deliver Internet access to remote regions of the world dubbed as Project Loon. No price was disclosed for Google’s  purchase of Titan.

Titan’s thin craft look somewhat like a dragonfly covered with solar cells, and the company claims it can transmit data to the ground from heights nearly twice as far above the ground as the elevation most passenger airlines cruise at. Formed in 2012, the company has been developing two models of unmanned aerial vehicle, the Solara 50 and Solara 60 that are designed to stay aloft continuously for as long as 5 years.

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