Knowing Google this is only the start of something bigger, much bigger. recently they have been in the news for the acquisition of nest and various technologies that have been thought to improve our lives on the ground but this time they are reaching for the stars.
Richard Branson may prove to be a key
part of Google's satellite plans,
according to a new report.
Sky News reports that
Google is in advanced talks to take a small stake in Branson's space flight
company Virgin Galactic and to pursue a joint venture together. Google is
reportedly looking to spend about $30 million for a 1.5% stake in the company
and "hundreds of millions" on a venture which Sky News says would tie
into Google's plans to launch a fleet of satellites into low orbit.
The Wall Street Journal reported earlier
this month that Google was interested in spend $1 billion or more to launch at
least 180 satellites and expand Internet access to more remote parts of the
world. The company already reportedly has a dedicated satellite team that
consists of 10 to 20 people and just this week acquired Skybox, a satellite
imaging service.
Virgin galactic is set to
begin offering commercial flights into low orbit for $250,000 a ticket later
this year.
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