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Alphabet Shutting Down Loon, Its Balloon-Based Internet Alternative to Cell Towers Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous by using balloons. By Reuters | Updated: 22 January 2021 10:18 IST Photo Credit: Medium Highlights Among challenges were that a carrier would need several balloons at once The company employed 200 people as of 2019 Google parent Alphabet is shutting down its Internet balloon business, Loon, which aimed to provide a less expensive alternative to cell towers, saying on...

Google parent Alphabet cancels Loon project to deliver internet by hot air balloon - SiliconANGLE

41Shares Alphabet, Google’s parent company has announced that it is ending Loon, its experimental project that sought to use giant, high-altitude balloons to beam internet connectivity to hard-to-reach, underserved communities around the world. In the end, Alphabet found that the costs of the 9-year project got in the way of its commercial viability. ADVERTISEMENT The project, which received a lot of attention at its inception, had been parked under X, Alphabet’s vehicle for experimental projects. Regarding Loon, X CEO Astro Teller praised its groundbreaking achievements, but also wrote...

Google parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) pulled the plug on its eight-year-old Loon project, the gigantic balloons that ...

Google parent Alphabet cancels Loon project to deliver internet by hot air balloon SHARE Google LLC’s parent company Alphabet Inc. said today that it’s giving up on the idea of using high-altitude hot air balloons to deliver internet connectivity to the world’s remotest regions. Alphabet confirmed in a blog post that it’s winding down its nine-year-old Loon project and a two-and-a-half-year-old spinoff company because it can’t find a sustainable business model or willing partners. Loon was originally spun out of Alphabet’s “X” business unit, which is ...