Wednesday, May 22, 2013

Google Bought A Company That Collects Wind Power From Airborne Turbines 2,000 Feet Above Ground (GOOG)

Google confirmed to Bloomberg Businesweek today that it bought Makani Power, a company that makes airborne turbines that collect wind power and delivers it to the ground via a tethered cable.

Makani Power will become part of Google X, Google's secret lab where it develops "moonshot" projects like the Google Glass computerized headgear and self-driving cars. Google did not disclose how much it paid for Makani Power.

Businessweek has a full profile on Google X. You can read it here >

Source: http://www.businessinsider.com/google-buys-makani-power-2013-5

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