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Google interested in buying stake Virgin Galactic


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Guest Jared Peters
Posted

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Google has

recently become interested in launching some satellites to broadcast internet to people all over the planet, and it looks like they might be interested in scooping up a stake Virgin Galactic to help launch more satellites for a different purpose. Virgin Galactic is a spaceflight company that’s interested in offering flights for normal people in the future.

 

The deal between the two companies would have Google invest in a joint venture with Virgin to get the business off the ground, as well as Google purchasing about $30 million worth of stake in the company. Obviously, this deal will probably end up with Google gaining access to some of Virgin Galactic’s satellite tech. These deals could change before anything is finalized, however.

 

What are your thoughts on Google getting into the satellite industry?

 

source:

Sky News

 

 

Come comment on this article: Google interested in buying stake Virgin Galactic

 

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