Menu
Miss America 2015 is Miss New York Kira Kazantsev

Miss America 2015 is Miss New York Kira Kazantsev

Xbox 360 Holiday Bundles Revealed

Xbox 360 Holiday Bundles Revealed

Iggy Azalea Sex Tape Controversy Heats Up

Iggy Azalea Sex Tape Controversy Heats Up

Batman v Superman Director Reveals Movie Scene

Batman v Superman Director Reveals Movie Scene

Paris Hilton just bought the Cutest and Smallest Dog

Paris Hilton just bought the Cutest and Smallest Dog

Facebook Said to Acquire Solar Drone Maker Titan Aerospace for $60M

Mar 4 2014, 2:12am CST | by

Facebook is looking forward to acquiring Titan Aerospace, the manufacturer of drones. It wants to copy Google’s Project Loon and provide Internet access in remote areas of the world.

Facebook Said to Acquire Titan Aerospace
Titan Aerospace
 
 

YouTube Videos Comments

Full Story

Facebook Said to Acquire Solar Drone Maker Titan Aerospace for $60M

Facebook Said to Acquire Titan Aerospace

Facebook has already taken up the initiative to deliver Net access to the poverty-stricken people of the world. And the good thing is that this provision will be free of cost. There are approximately five billion individuals on the planet who still lack a Net connection.

They are the ones who make up the next goal for Facebook’s Mark Zuckerberg. That is why Facebook has made plans to acquire Titan Aerospace. It is a company that has created solar-powered drones that can stay in space for a period of five years. 

It has been estimated that Facebook will pay close to $60,000 for the merger. Talks are underway and soon the good news may be delivered to the rest of the world. The spread of Internet facilities in faraway regions such as Africa will thus be a reality. 

The drone that Facebook has its eyes set on is called the Solara 60 model. Facebook has an objective before it. It wants to construct at least 11,000 such UAVs (Unmanned Aerial Vehicles) and let them loose over the inaccessible terrains of the global village. The airspace will be teeming with them. 

YouTube has several videos of the drone. It works like a climatic satellite. And it is less pricey and more efficient than other versions. Of course, behind this effort is the mimicry of Google’s Project Loon which uses balloons instead. 

Facebook wants to outdo its rival. The drones have many uses, including meteorological reporting, catastrophe relief and taking photographs of the big blue marble that is the earth. But Facebook wants the sophisticated technology in order to connect with people. The drones have internal battery packs that store the sun’s energy from solar panels on the aircraft. 

The drone company’s headquarters are located in New Mexico where its research and development laboratories are existent too. There are certain FAA regulations that will apply to the usage of the drones in the United States. In the rest of the world, the rules will be less stringent though.  

Source: TechCrunch

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

New Moto X pre-orders in the US will kick off on September 16
New Moto X pre-orders in the US will kick off on September 16
Motorola is also taking orders for Moto Hint wireless headset, as well as the Motorola Turbo Charger
 
 
Peyton Manning Gives Julius Thomas Earful During KC Chiefs Game
Peyton Manning Gives Julius Thomas Earful During KC Chiefs Game
Denver Broncos quarterback Peyton Manning chewed out his tight end, Julius Thomas, after the latter ran the wrong route during the third quarter of Denver's 24-17 win over the Kansas City Chiefs on Sept. 14.
 
 
Robert Griffin III Has Dislocated Left Ankle
Robert Griffin III Has Dislocated Left Ankle
Washington Redskins quarterback Robert Griffin III suffered a dislocated left ankle injury during his team's 41-10 win over the Jacksonville Jaguars on Sunday. A return this season has not been ruled out.
 
 
Richard Sherman 'Exposed' by San Diego Chargers
Richard Sherman 'Exposed' by San Diego Chargers
The San Diego Chargers claim Pro Bowl cornerback Richard Sherman was "exposed" after their 30-21 win over the Seattle Seahawks on Sept. 14.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.