While news have already spread about Google's plan to bring the Internet to more people using high-altitude balloons in its "Project Loon" initiative, the search giant has finally started testing the solar-powered balloons over Nevada.
Titan Aerospace
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Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
US-based search giant Google agreed to acquire Moriarty, New Mexico-based solar-powered drone maker Titan Aerospace for an undisclosed amount for Project Loon, an initiative that aims to bring the Internet to currently offline places of the world.
Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.