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Facebook to buy drone maker Titan Aerospace for $60 million.

Recent online reports indicate that Facebook is in talks to buy drone maker Titan Aerospace for $60 million. Why would they do so ?
Well, Facebook might use these high-altitude flyers to beam down Web connections to isolated communities where internet is inaccessible.

Titan Aerospace's drones fly so high – up to 65,000 feet - that they can effectively operate as satellites with far lower operating costs powered by sunlight, which the company calls "atmospheric parking".

The Solara 50 and 60 models can carry up to 100kg of equipment, which is good enough to provide web connections.

Oddly, Facebook has some sky competition already. Google’s Project Loon is attempting to bring 3G-like networks to under served areas using balloons already.

Report Sources :Techcrunch, Telegraph

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