Weekly email of our best stuff
Hello and welcome to contact us page at eProfits
How can we help you today?
It seems as though Facebook is not quite finished with the extravagant spending. Word on the Internet is that Faceb...
It seems as though Facebook is not quite finished with the extravagant spending. Word on the Internet is that Facebook will spend $60 million to purchase Titan Aerospace, the drone manufacturer, for aerial vehicles that would distribute Internet throughout the world.
Facebook is generally aimed at buying apps or tech companies like WhatsApp and Instagram, so this acquisition comes as a bit of a surprise. Facebook recently spent $19 billion to buy WhatsApp, the text messaging app.
According to Titan Aerospace, their drones are solar-powered, thus suitable to stay in the air for five years, without having to land or recharge. When used as means of communication, one drone could build a voice and data network with "the reach of over one hundred terrestrial cell towers," as said by Titan Aerospace.
The $60 million purchase is thought to help Internet.org, launched by Facebook's CEO, Mark Zuckerberg. Internet.org is a global partnership dedicated to the idea of bringing the Internet to the entire world.
Upon the closing of the deal, the drone manufacturer is reportedly said to build aircrafts for the sole purpose and mission of Internet.org. Titan Aerospace is presumed to build 11, 000 of the Solara 60 type drones, but also Solara 50 type drones, for the global initiative. Zuckerberg is supposedly interested in the drones flying out to Africa first, and then to the rest of the developing world.
The use of drones is a very bold and ambitious move by Facebook. Maybe Zuckerberg will indeed connect everyone and really dominate the world's connection.