It looks like Google are cracking out the their cheque book in style once again this week as they make a break for domination of outer space. Not only did they fork out a whopping $500 million a few days ago to acquire satellite maker Skybox, but now it has been reported that they’re also after a $30 million stake in Virgin Galactic, the Sir Richard Branson founded space flight company.
So why would Google want to invest in Sir Branson’s space company? Well they’ve just bought a satalite maker, now they’re going to need a way to launch them into space! The two companies could work together, feeding well off of each others innovations, on one hand Virgin Galactic gets a good line of extra funding and on the other, Google gets to launch its constellation of satellites using Virgins LauncherOne module.
Thank you Gigaom for providing us with this information.
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