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Google beats Facebook to buy Titan Aerospace drone maker

Last month, rumour surfaced that Facebook was planning to buy drone manufacturer Titan Aerospace in a bid to provide free Wi-Fi to the world. That has now officially been confirmed, because Google has just announced it recently bought Titan Aerospace.

Titan Aerospace and Google will be working on Project Loon, producing high-altitude balloons that will provide internet access via Wi-Fi to areas with little or no connectivity.

“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,” Google said in a statement.

On the other hand, Facebook hasn’t completely lost out. Last month, Mark Zuckerberg announced the company had bought another drone-making company called Ascenta, to carry out its own drone project.

Google did not reveal exactly how much it paid for Titan Aerospace.

[Source: Forbes]

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