Facebook To Acquire Titan Aerospace, Maker Of Solar-Powered Drones [Report]


Facebook

Facebook is fresh off its acquisition of WhatsApp, and according to a new report, the social network is interested in drone maker Titan Aerospace.

Titan develops solar-powered drones that can fly up to 65,000 feet, and are capable of lasting five years.

No, these aren’t drones built for death and destruction, but that help with anything from weather monitoring to search and rescue.

What has Facebook reportedly interested are the wireless data capabilities, which fits its Internet.org initiative to get everyone online.

According to TechCrunch, the acquisition deal is worth $60 million, and Titan would begin work creating 11,000 of its solar-powered drones.

The drones would first make their way to Africa, and begin delivering Internet access to remote regions.

Titan Aerospace’s Solara 60 model is capable of carrying up to 250 pounds, and delivering data speeds of up to 1 Gbps.

While an ambitious plan similar to Google’s Project Loon, Facebook has the funds and it definitely has the vision to pull off a potentially revolutionary plan.


Kokou Adzo

Kokou Adzo is a seasoned professional with a strong background in growth strategies and editorial responsibilities. Kokou has been instrumental in driving companies' expansion and fortifying their market presence. His academic credentials underscore his expertise; having studied Communication at the Università degli Studi di Siena (Italy), he later honed his skills in growth hacking at the Growth Tribe Academy (Amsterdam).

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