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Facebook appearing to purchase Titan Aerospace for Internet-supplying drones: Report

Facebook Inc is in discussions to purchase drone manufacturer Titan Aerospace for $60 million, according to media reports.

TechCrunch reported on Monday, citing an anonymous source.

The attempt would help improve Facebook’s Internet.org attempt, geared toward connecting billions of individuals who don’t now have Internet access in areas like Africa and Asia.

Facebook declined to comment.

Titan Chief Executive Vern Raburn declined to comment on whether Facebook was purchasing a large order of its own airplanes or the business.

Titan is developing various solar-powered “atmospheric satellites,” according to the organization ‘s web site, with first commercial operations slated for 2015.

“What we have is an airplane that is solar-powered, therefore it does not have any fuel and it can climb up to a really high elevation and simply remain there. And at that elevation it can do a multiplicity of assignments that range from communications, information, optical, weather detection,” Raburn said.

Raburn, who was formerly the CEO of Symantec Corp as well as the president of the consumer products division of Microsoft Corp, stated that Titan has flown a scaled-down model of the airplane.

Facebook is interested in having Titan construct 11,000 of its Solara 60 version drones for its Internet.org job, according to the TechCrunch report.

Facebook isn’t the sole Internet company. This past year, Google Inc pronounced Project Loon, which intends to use solar-powered air balloons to broadcast the Web to distant areas.

Supplying wireless access could help Facebook ensure that its on-line social network is one of the fundamental services used by men and women in developing markets as they begin to use Internet-connected mobile phones in forthcoming years.

But some, including Vodafone, have balked at waiving their wireless data rates for Facebook.

by admin on January 31st, 2016 in Facebook

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