HardOCP News
[H] News
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- Dec 31, 1969
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What in the hell does Facebook need with solar powered drones? You know Facebook has way too damn much money when they start wanting to buy drones.
Facebook, one of the primary backers of the Internet.org initiative, which aims to bring affordable Internet access to the 5 billion people in the world who still lack connectivity, is in talks with a company that could help further that agenda. TechCrunch is hearing that Facebook is buying Titan Aerospace, makers of near-orbital, solar-powered drones which can fly for five years without needing to land. According to a source with access to information about the deal, the price for this acquisition is $60 million*.