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 Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

Airborne Hi-Def On YouTube

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

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

U.S. Drawing Down European Apache Fleet

Will Relocate 24 Aircraft From Germany To Alaska Twenty-Four Apache attack helicopters will be relocated from Germany to Alaska under a cost-saving plan being implemented by the U.>[...]

GoJet Airlines Announces ATP Flight School Partial Reimbursement Program

Program Subsidizes A portion Of ATP Tuition For Students Who Commit To Flying For GoJet Airlines GoJet Airlines is pleased to announce that it has teamed with ATP Flight School to >[...]

ANN FAQ: Getting The Most Out Of ANN's Newsletters

ANN goes through a lot of trouble to make the graphics flashy and cool and an integral part of the story. But let's face it, they're bandwidth-intensive. So here are a couple of th>[...]

Airborne 04.24.15: DA62 Cert, Flt Design's C4, Sporty Transitions, 1st Flt Fight

Also: Legend Cub, Piper Orders, Postal UAVs?, IMC Club 'Brown Jacket Award', X-47B Refueling The Diamond DA62 has received its EASA Type certificate. After a sunny and warm day Wed>[...]

ANN's Daily Aero-Linx (04.26.15)

Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC