Mar 5, 2014
Facebook Is Reportedly Buying A Drone Manufacturer
Posted by Seb in categories: business, drones
By Chris Gayomali — Fast Company
For big tech companies, drones are a shining, whirly emblem of the future. Amazon and Google say they would like to use them to deliver things to your doorstep, and now Facebook wants to use them to create Internet infrastructure.
Facebook reportedly has plans to buy Titan Aerospace, a company that makes “near-orbital, solar-powered drones which can fly for five years without needing to land,” for $60 million, according to TechCrunch. The basic idea is that these unmanned aerial vehicles, or UAVs, would buzz over “the parts of the world without Internet access, beginning in Africa.”