Get All Access for $5/mo

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

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

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Growing a Business

5 Reasons Why Time-Tracking Can Put Your Business in a Chokehold

More and more businesses are adopting time-tracking software to manage their operations, but is it all it's cracked out to be?

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

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.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.