Showing posts with label Space. Show all posts
Showing posts with label Space. Show all posts

Saturday, June 14, 2014

Google reportedly wants in on Virgin Galactic's space business


Fresh from its $500 million acquisition of satellite specialist Skybox Imaging, Google appears to be ready to make another space-related investment. Sky News reports that the search giant is in advanced talks to take a minority stake in Richard Branson's Virgin Galactic business (which already counted Skybox Imaging as a potential customer) with a view to getting its internet satellite project off the ground. Google may invest around $30 million into the company, which is set to begin commercial flights to space later this year, forming a joint venture that would see Virgin Galactic offer up its technology in return.
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