#google to Spend a Billion or More on Internet Satellites
Internet access is common in the developed world, but many in emerging markets are just now getting online. For Google, one of the most visited sites in the world, it’s a massive growth opportunity. And they aren’t going to wait for local governments or anyone else to build the necessary infrastructure.
The Wall Street Journal recently reported the firm plans to spend $1 to $3 billion to launch a fleet of internet satellites. The ##satellite network would initially include 180 small satellites and might later double that number.
The project is part of Google’s wider plan to provide internet access to remote areas using solar powered drones and high altitude balloons. They recently purchased drone company Titan Aerospace and launched Project Loon to experiment with a squadron of stratospheric, internet providing balloons steered by global trade winds.
Read More… singularityhub.com