Google investing up to $3bn in satellites to connect the world
GOOGLE is reportedly planning to spend up to $3bn (£1.8bn) in its push to bring internet access to unconnected parts of the world using a fleet of 180 low-orbit satellites.
The search giant is poised to spend between $1bn and $3bn on the project according to a report in The Wall Street Journal which said that the project was in the early planning stages.
Google declined to comment on the story’s details. However, the company told CityAM: “Internet connectivity significantly improves people’s lives. Yet two thirds of the world have no access at all. It’s why we’re so focused on new technologies – from Project Loon to Titan Aerospace – that have the potential to bring hundreds of millions more people online in the coming years.”
Project Loon, revealed last June, is a plan to send high-altitude balloons into the atmosphere to spread mobile broadband in remote regions. Titan Aerospace was acquired by Google in April and makes solar-powered drones that offer similar capabilities.