Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Google Inc. (GOOGL) And Facebook Inc. (FB) Rattled By Airbus’ Solar Powered Drone

Airbus has forged ahead Google Inc. (NASDAQ:GOOGL) and Facebook Inc. (NASDAQ:FB) by developing a high-altitude solar powered drone that can perform the duties of a normal satellite at low cost. Named Zephyr, the drone can be used to deliver wireless services as opposed to relying on satellites and towers. Bloomberg’s Sam Grobart reports that Zephyr is more than an aircraft but a high altitude pseudo satellite (HAPS).


Google Inc. (NASDAQ:GOOGL) and Facebook Inc. (NASDAQ:FB) had earlier announced plans to use drones and aircraft light-balloons to transmit internet signals to remote areas where there is no coverage. The two tech companies are trying to tap into areas that have not been explored in the past in terms of business opportunities due to a deficiency on internet connection.

Airbus’ Zephyr Technical Director Christopher Kelleher reiterates that Zephyr can perform all the duties of a normal $2 billion satellite but with so much closeness to the earth surface.

“Traditional satellites orbit hundreds of miles away from the earth surface and are in a constant rotation around the globe. But the Zephyr operates at just 65,000 feet and is Geo stationery. That means it can remain above a specific location for extended periods of time, “said Mr. Grobart

Google Inc. (NASDAQ:GOOGL) and Facebook Inc. (NASDAQ:FB) may have to consider Airbus latest innovation as it is cost effective and flies without fuel providing coverage for a fraction of the price. The light aircraft comes with a light-weight carbon body that is covered with solar panels that are used to power smaller engines that keep the drone running day and night.

The lighter the aircraft the longer the batteries can last enabling the drone to stay for longer hours in the air. Zephyr engineers are constantly in the lookout for innovations and ideas that can make the aircraft lighter. Airbus plans to use the zephyr as a low-cost solution to providing internet connection to areas where conventional communication satellites have struggled.

Airbus remains unconcerned by incoming competition from Google Inc. (NASDAQ:GOOGL) and Facebook Inc. (NASDAQ:FB) in the space, reiterating it will only strengthen innovation in the space.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!