Since we did the first story about the capabilities that Titan Aerospace offers — drones capable of flying for five years at 65,000 feet — we feel compelled to write about their reported purchase by Facebook.
That’s right: not SpaceX or Northrop Grumman or Orbital. Facebook. The story is being covered in the financial and tech press, with TechCrunch having broken the news. The start-up will reportedly be bought for $60 million (NOT billion) to help provide Internet access to Africa and other underserved locations.
TechCrunch says Titan “would start by building 11,000 of these unmanned aerial vehicles,” specifically the Solara 60 model.
link.
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