Google Said To Be In Talks With Virgin Galactic | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

 

** Airborne 07.30.14/Oshkosh Day 3! ** HD iPad-Friendly Version--Airborne 07.30.14/Oshkosh Day 3 **
** Airborne 07.29.14/Oshkosh Day 2! ** HD iPad-Friendly Version--Airborne 07.29.14/Oshkosh Day 2 **
** Airborne 07.28.14/Oshkosh Day 1! ** HD iPad-Friendly Version--Airborne 07.28.14/Oshkosh Day 1 **

Sat, Jun 14, 2014

Google Said To Be In Talks With Virgin Galactic

Deal Could Give Internet Giant Easy Access To Satellite Launch Capability

Google is reportedly talking with Sir Richard Branson and Virgin Galactic about purchasing a share of the space tourism company ... a move which observers say could give the Internet behemoth a way to easily and quickly launch satellites.

The goal would be to extend high-speed Internet access to underserved areas through a constellation of low-Earth-orbit satellites.

Sky News reports that the talks, described as being in an "advanced stage", have been going on for some time, and insiders say there are two main elements to the deal. Google would give Virgin Galactic an infusion of cash amounting to millions of dollars for a joint venture that would use technology developed for SpaceShipTwo. The second part of the deal would be an additional $30 million for a "small stake" in the Virgin Galactic holding company.

The news broke one day after it was announced that Google was buying the startup satellite venture Skybox Imaging for $500 million.

Google's plans for extending high-speed Internet access through things the fly are multi-faceted. The Google Loon project would accomplish the feat through a constellation of high-altitude balloons, and the company recently bought Titan Aerospace, which developed a high-altitude solar-powered UAV that can potentially stay aloft for years without out landing.

(SpaceShipTwo image from file)

FMI: www.virgingalactic.com, www.google.com

Advertisement

More News

ICON Aircraft Constructs And Flies First Production A5

ESN-1 Was Built From The Production Design, Tooling After years of waiting... and doubting... ICON Aircraft has unveiled what it says is the first production A5, an aircraft the co>[...]

Airborne 07.30.14: WomenVenture 2014, Skycraft Update, IMC Club Award

Also: AvNav EFB, Lockheed Martin, One Week Wonder Update, Pelton Intvw-Part3 It was hard to miss the energy, enthusiasm, and interest in aviation by hundreds of women celebrating a>[...]

EAA Holds Annual Meeting

Membership Feels Flight Path Still On The Center Line EAA held its annual membership meeting on Wednesday, at 08:30 on 30 July 2014 at Oshkosh, WI. in the Theater of the Woods. In >[...]

Historic OSH2014 Sponsor: Bendix-King by Honeywell

OSH2014 Sponsor: Bendix-King by Honeywell The history of the Bendix name runs parallel to the development of King Radio until the mid-1980s, when the Allied Corporation purchased B>[...]

Life-Saving OSH2014 Sponsor: BRS Parachutes

BRS Parachutes: Defining Aviation Safety It's a simple idea, really. A parachute which will, when deployed, turn what could be a very bad situation into one in which not only the o>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC