SlideShare a Scribd company logo
1 of 2
Download to read offline
Facebook in talks with drone maker Titan Aerospace about
possible acquisition, report says
Facebook is reportedly in talks with drone maker Titan Aerospace, with those familiar with the
situation suggesting the social networking giant could be preparing to offer up to $60 million for the
company.
You might be wondering why on earth Facebook would have any interest in a drone manufacturer;
after all, it's not in the business of delivering pizza or beer - or any other goodies for that matter - to
its many users.
Affordable Internet access
The fact is, Titan Aerospace can help Mark Zuckerberg with his dream of bringing affordable
Internet access to everyone on the planet, with the near-orbital, solar-powered pilotless flying
machines helping to provide that access. The New Mexico-based company already has experience of
such work with the Internet Africa Project, which is helping to provide Internet access to previously
isolated populations across the continent.
Its solar-powered drones, which are capable of staying airborne for as long as five years at a time,
could be used "to blanket parts of the world without Internet access, beginning with Africa,"
TechCrunch reported Monday night.
According to an unnamed source, Titan Aerospace would start off by building 11,000 'Solara 60?
drones to help with Facebook's plan.
The so-called 'atmospheric satellites,' which would fly at a height of around 12.5 miles (20 km), are
capable of carrying out many of the functions of higher-placed orbital satellites but are cheaper and
more versatile, according to TechCrunch.
The Facebook boss talked about his plan to bring Internet access to all during a speech delivered at
MWC in Barcelona last week.
"Most of the world don't have any Internet access at all," Zuckerberg said, explaining that to bring
global connectivity would require "dramatic changes" in the tech industry.
As a major backer of the Internet.org initiative, Facebook has already teamed up with a number of
big firms - Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung among them - as part of a
long-term effort to reduce the cost of Internet access around the world. Its acquisition of Titan
Aerospace would obviously fit with this initiative.
Revenue boost
Mark Little, principal analyst at tech consultancy firm Ovum, told the BBC recently that putting
money into emerging markets would go toward helping to boost advertising income for the social
networking company in the future.
He added that the current situation (ie. limited Internet connectivity around the world), combined
with the dominance free dubstep music maker software download of regional social networks, both
hinder Facebook's global expansion plans. If Mark Zuckerberg can "make it easier for the world to
share information," Little said, then "the more ads Facebook can sell."
Of course, much of Little's thoughts on the subject can be applied to Google's Project Loon initiative,
too, which also has the goal to bring affordable Internet access to various parts of the world, as well
as to isolated areas.

More Related Content

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Facebook in talks with drone maker Titan Aerospace about possible acquisition, report says

  • 1. Facebook in talks with drone maker Titan Aerospace about possible acquisition, report says Facebook is reportedly in talks with drone maker Titan Aerospace, with those familiar with the situation suggesting the social networking giant could be preparing to offer up to $60 million for the company. You might be wondering why on earth Facebook would have any interest in a drone manufacturer; after all, it's not in the business of delivering pizza or beer - or any other goodies for that matter - to its many users. Affordable Internet access The fact is, Titan Aerospace can help Mark Zuckerberg with his dream of bringing affordable Internet access to everyone on the planet, with the near-orbital, solar-powered pilotless flying machines helping to provide that access. The New Mexico-based company already has experience of such work with the Internet Africa Project, which is helping to provide Internet access to previously isolated populations across the continent. Its solar-powered drones, which are capable of staying airborne for as long as five years at a time, could be used "to blanket parts of the world without Internet access, beginning with Africa," TechCrunch reported Monday night. According to an unnamed source, Titan Aerospace would start off by building 11,000 'Solara 60? drones to help with Facebook's plan. The so-called 'atmospheric satellites,' which would fly at a height of around 12.5 miles (20 km), are capable of carrying out many of the functions of higher-placed orbital satellites but are cheaper and more versatile, according to TechCrunch. The Facebook boss talked about his plan to bring Internet access to all during a speech delivered at MWC in Barcelona last week. "Most of the world don't have any Internet access at all," Zuckerberg said, explaining that to bring global connectivity would require "dramatic changes" in the tech industry. As a major backer of the Internet.org initiative, Facebook has already teamed up with a number of big firms - Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung among them - as part of a long-term effort to reduce the cost of Internet access around the world. Its acquisition of Titan Aerospace would obviously fit with this initiative. Revenue boost Mark Little, principal analyst at tech consultancy firm Ovum, told the BBC recently that putting money into emerging markets would go toward helping to boost advertising income for the social networking company in the future.
  • 2. He added that the current situation (ie. limited Internet connectivity around the world), combined with the dominance free dubstep music maker software download of regional social networks, both hinder Facebook's global expansion plans. If Mark Zuckerberg can "make it easier for the world to share information," Little said, then "the more ads Facebook can sell." Of course, much of Little's thoughts on the subject can be applied to Google's Project Loon initiative, too, which also has the goal to bring affordable Internet access to various parts of the world, as well as to isolated areas.