Facebook, one of the primary backers of the Internet.org initiative, which aims to bring affordable Internet access to the 5 billion people in the world who still lack connectivity, is in talks with a company that could help further that agenda. TechCrunch is hearing that Facebook is buying Titan Aerospace, makers of near-orbital, solar-powered drones which can fly for five years without needing to land. According to a source with access to information about the deal, the price for this acquisition is $60 million.
From our understanding, Facebook is interested in using these high-flying drones to blanket parts of the world without Internet access, beginning with Africa. The company would start by building 11,000 of these unmanned aerial vehicles (UAVs), specifically the “Solara 60″ model.
You can see an example of these UAVs, first introduced last year, here on YouTube. As the video explains, these drones are “atmospheric satellites” that can conduct most of the operations of an orbital satellite, but are cheaper and more versatile.The drones could potentially have many uses
The Solara 50 and 60 models can be launched at night using power from internal battery packs, then when the sun rises, they can store enough energy to ascend to 20KM above sea level where they can remain for five years without needing to land or refuel.. (For those interested, Ars Technica took a more in-depth look at the technology and history behind Titan’s aircraft last August). Source TeleCrunch 1
WHY WOULD 2 YEAR OLD TITAN AEROSPACE WANT TO SELL?
One question we had concerning Facebook’s interest in buying drone aircraft maker Titan Aerospace is why would Titan, a young company founded in just 2012, want to sell? Facebook’s interest in the business, after all, makes sense: It wants to use the drones to help spread Internet access to developing nations, via the Internet.org initiative, which is focused on connecting the “next 5 billion” people to the web.
Titan had previously raised an undisclosed amount of funding in seed, Series A, and A-1 rounds, and was planning to open a B round this year. However, the company was struggling to get investors to commit, TechCrunch learned from sources who had unauthorized access to internal information.
One of the very few investors that remained interested was In-Q-Tel, the independent, nonprofit organization that invests in venture-backed startups that SUPPORT THE NEEDS OF THE CIA AND BROADER U.S. INTELLIGENCE COMMUNITY. And In-Q-Tel was only sticking around because Titan was nearing a deal with Sandia National Labs. But it would not lead a round. Source TechCrunch 2
FACEBOOK SEEMS TO BE A CIA MOSSAD DATA GATHERING BODY See FACEBOOK A MOSSAD CIA DATA GATHERING JOINT VENTURE
IMAGINE 10000 CIA MOSSAD DRONES 65000 FEET ABOVE SPYING 24/7 USING FACEBOOK AS COVER