📺 Stream EntrepreneurTV for Free 📺

Report: Facebook Wants Its Own Drones Facebook is reportedly in talks to acquire Titan Aerospace, a maker of high-flying, solar-powered drones, as it looks to bring internet access to every corner of the world.

By Benjamin Kabin

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

The zodiac tells us it's the year of the Horse, but it's shaping up to be the year of the Drone.

Facebook is in talks to acquire Titan Aerospace, a drone manufacturer, for about $60 million, according to TechCrunch. Unlike Amazon, which envisions a future of delivery drones, Facebook is reportedly planning to use drones to further Internet.org, its grand plan to bring low-cost internet access to every corner of the world.

Report: How Drones Are Changing the Way We Do Business

The unmanned aerial vehicles (UAVs), which are solar powered and fly at near-orbital heights without needing to land for five years, could be used to broadcast the internet to the 5 billion people on the planet in parts of Africa and elsewhere who still don't have access.

Titan touts the drones as the world's first "atmospheric satellites," which have many of the same capabilities as traditional satellites including ground imaging, weather monitoring and broadcasting communication signals. If the deal goes through, Facebook would begin by building 11,000 of the Solera 60-type UAVs, TechCrunch reports.

Related: Look Out, Amazon: Dubai Could Have Delivery Drones by Year's End

Internet.org competes with Google's Project Loon, a similar initiative that uses balloons instead of drones to deliver internet to developing parts of the world.

By providing people with their first online experience in places where the internet is far from ubiquitous, both companies hope to develop loyal, lifelong customers. Their motives may not be entirely altruistic, but the outcome — a world more connected through information — may ultimately benefit.

Report: In Leaked Spoof, Netflix Takes Aim at Amazon's Proposed Drones

Benjamin Kabin

Journalist

Benjamin Kabin is a Brooklyn-based technology journalist who specializes in security, startups, venture capital and social media.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Devices

Stay Focused and Accessible with These $40 Conduction Headphones

These headphones sit on top of your ears, so you can take calls while staying tuned into your surroundings.

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Starting a Business

Clinton Sparks Podcast: Founder of Chuck E. Cheese, Atari Discusses Innovation and His Advice to Young People

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Starting a Business

Clinton Sparks Podcast: How T.I. Achieved Massive Entrepreneurship Success in Music and Life

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.