Google has acquired Mexico-based drone maker Titan Aerospace for an undisclosed amount, announcing the purchase on the Titan Aerospace website with the following message:
We’re thrilled to announce that Titan Aerospace is joining Google.
At Titan Aerospace, we’re passionate believers in the potential for technology (and in particular, atmospheric satellites) to improve people’s lives. It’s still early days for the technology we’re developing, and there are a lot of ways that we think we could help people, whether it’s providing internet connections in remote areas or helping monitor environmental damage like oil spills and deforestation. That’s why we couldn’t be more excited to learn from and work with our new colleagues as we continue our research, testing and design work as part of the Google family.
To everyone here in New Mexico and around the world who has supported us so far — thank you. We couldn’t have made it this far without your support.
Google is likely interested in Titan Aerospace as its solar-powered drones can fly continuously for 5 years, which makes them idea to bring wireless internet to remote destinations, such as Africa.
We mentioned back in the Best of the Blogs in March that Facebook was looking to buy Titan Aerospace. According to media reports, Google offered to beat any offer made by Facebook.
Facebook later ended up opting to purchase Ascenta, a UK-based aerospace company, which has also been working on solar-powered unmanned aerial vehicles, for US$20 million.