Google has come one step closer to making its balloon-powered Internet initiative, Project Loon, a reality. The tech giant recently acquired Titan Aerospace, a New Mexico-based company that builds drones for high altitudes, the Wall Street Journal reports. Though the price of the acquisition hasn’t been released, Business Insider estimates that it must be higher than the $60 million offer Facebook made earlier this year.
Image: http://smallbiztrends.com
To read the original article: The Sky is the Limit as Google Acquires High Altitude Drone Company