Google's Parent Company Shutters Loon, Its Experimental Internet-Beaming Balloon Project
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...
Source: lowyat.net