The two projects are “graduating” from X, the company’s moonshot factory.
What they do: Project Loon (one of our 10 Breakthrough Technologies of 2015) is developing a network of high-altitude balloons that can provide internet access in remote locations. Project Wing, meanwhile, is building a drone delivery system and traffic management platform.
The news: The experiments will become two individual organizations, Loon and Wing (they’re dropping the “project” moniker), operating under Alphabet, Google’s parent company. They’ll join past X grads like Waymo, the autonomous car company, and Verily, a life sciences business.
$$$$: The shift means a greater focus on making money. Loon plans to bring in revenue by integrating with telecom companies around the world. Wing, meanwhile, is continuing its Australian delivery service and is participating in the US Department of Transportation’s Integration Pilot Program.
SOURCE:MIT DOWNLOAD
What they do: Project Loon (one of our 10 Breakthrough Technologies of 2015) is developing a network of high-altitude balloons that can provide internet access in remote locations. Project Wing, meanwhile, is building a drone delivery system and traffic management platform.
The news: The experiments will become two individual organizations, Loon and Wing (they’re dropping the “project” moniker), operating under Alphabet, Google’s parent company. They’ll join past X grads like Waymo, the autonomous car company, and Verily, a life sciences business.
$$$$: The shift means a greater focus on making money. Loon plans to bring in revenue by integrating with telecom companies around the world. Wing, meanwhile, is continuing its Australian delivery service and is participating in the US Department of Transportation’s Integration Pilot Program.
SOURCE:MIT DOWNLOAD
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