Minato International Undefined Google Buys Drone Company

Minato International: Mighty Google has followed Facebook into the drones business snapping up drone maker, Titan Aerospace for an undisclosed sum.

Minato International (Intl Business Report) - Search giant, Google has purchased US-based solar-powered drone maker, Titan Aerospace for an undisclosed sum and, in doing so, has followed Facebook into the drone business in its efforts to expand the proliferation of the internet.

Titan is constructing two types of solar-powered drones that can theoretically remain airborne for years. Flying at high altitudes above cloud cover, they will always be positioned to channel the sun's rays.

The Moriarty, New Mexico based manufacturer will continue to employ its 20 staff and develop drones for Google's internet proliferation ambitions as well as potentially helping with disaster relief and keeping a watchful eye on environmental protection issues like deforestation from high altitude.

"It seems as though both Facebook and Google are very much putting their money where their mouths are," said an Minato International tech analyst.

"Facebook paid $20 million for UK-based drone maker, Ascenta earlier on in the year as part of its own commitment to delivering the internet to more of the world's population," he continued.

Despite the internet's seemingly infinite reach, some two-thirds of the world's population is without web access. Though both Facebook and Google say their ambitions are driven by altruism, most commentators believe that both simply want to attract more users to their services and increase revenues.

"While these are innovative ideas clearly hatched by visionaries, the truth of the matter is that both companies are going to have to jump through many legal hoops because many countries won't take kindly to having drones owned by companies who have a history of providing information to US government agencies," concluded the Minato International analyst.

The Moriarty, New Mexico based manufacturer will continue to employ its 20 staff and develop drones for Google's internet proliferation ambitions as well as potentially helping with disaster relief and keeping a watchful eye on environmental protection issues like deforestation from high altitude.


Categories: Finance, Business Finance

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