Google In Talks To Take Virgin Galactic Stake
Google is in talks with Virgin Galactic about a deal that will hand it crucial access to satellite-launch technology and an equity stake in Sir Richard Branson’s $2bn (£1.2bn) space tourism venture.
Sky News can exclusively reveal that the discussions with Virgin Galactic are part of Google’s ambitious project to put hundreds of satellites in low-Earth orbit in an attempt to extend internet access to billions of people.
Negotiations between the two companies have been taking place for months, and are said to be at an advanced stage.
The talks are likely to lead to a deal with two main elements, according to insiders.
