Facebook May Be Acquiring A Bunch Of Drones For $60 Million

Advertisement

titan aerospace drone

YouTube

Facebook is reportedly in talks to buy a drone-making company Titan Aerospace for ~ $60 million, TechCrunch reports.

Advertisement

If acquired, Facebook could use the drones to bring Internet access to parts of the world that still need it. The desire to give everyone web access is part of Mark Zuckerberg's Internet.org initiative.

"The company would start by building 11,000 of these unmanned aerial vehicles (UAVs), specifically the "Solara 60″ model," TechCrunch's Sarah Perez and Josh Constine write. "The Solara 50 and 60 models can be launched at night using power from internal battery packs, then when the sun rises, they can store enough energy to ascend to 20KM above sea level where they can remain for five years without needing to land or refuel."

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Titan Aerospace is a New Mexico startup founded by Max Yaney and led by CEO Vern Raburn.

Here's how some of Titan Aerospace's drones work:

Advertisement