Google Aquires Drone Maker Titan Aerospace.

1

Google Aquires Drone Maker Titan Aerospace.

Google has recently purchased an aerospace startup that creates high-altitude drones for aerial photography and internet communications, during the latest indication that tech companies are competing to secure their place within the clouds.

Air Drones.

Google confirmed on Monday that it would acquire the New Mexico-based Titan Aerospace, just a couple of weeks after Facebook had reportedly held talks with the very same company. Facebook ended up hiring a team behind a British drone startup by the name of Ascenta, and said that those engineers would help, alongside CEO Mark ZuckerBerg’s effort in finding new ways to deliver Internet communications links to untamed areas.

In the same manner, it appears the Titan team will also be working closely with Google researchers, who have been testing high-altitude ballons as vehicles for carrying Internet transmitters over remote location. According to the Wall Street Journal, the Titan engineers may also participate with Google’s Makani project, which has since tested out the use of high-flying turbines to generate wind power.

Google confirmed this recent acquisition within a briefly released statement on Monday.

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

Competition.

The Company’s drones may also help Google with mapping the airs and other related projects that involve its online mapping division.

Amazon had also boasted on supposedly developing its own brand of drones that would allow them to deliver the merchandise towards its e-commerce customers, although most analysts say that technology of that sort has years to go before it can become applicable towards anything.

Google has so far refused to disclose on the amount they payed to purchase Titan. Although, it was reported that Facebook had considered buying Titan for an amount of $60 million, although this has not been confirmed as well.

Read Next:Facebook Reaches For The Sky With Plans To Acquire Drones.

Share.

About Author

Kevin is passionate about startups and loves to write about them. Previously Kevin ran a design studio. Now he loves to write about tech and startups.

Entrepreneur Sky @Copyright 2014