Project loon could be the next alphabet idea to become an independent company
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In 2013, Google started a project whose mission was to offer internet connection through balloons in those places where the network of networks is inaccessible. Now, four years later, that Project Loon could become an independent company.
Google globes become independent
Just a week ago, Alphabet, the parent company of Google, received an experimental license from the United States FCC that authorizes it to operate with Project Loon's balloons in Puerto Rico and thus bring wireless connectivity to the most disconnected corners of the world. country. Interestingly, as stated in the Business Insider publication, this FCC license presents the wanted company's project under the name "Loon Inc." While it is true that this could be due to merely administrative matters, the mention of "Loon Inc." It could indicate that the project is now ready to start as an independent Alphabet company.
In this way, Project Loon would follow the steps that have already been taken in the past by other projects later converted into companies. This is the case of Waymo, the old Google automatic driving unit that is now a full-fledged autonomous driving startup. Like Waymo, Project Loon started out as a small part of Google, and is still part of “X”, Alphabet's “undercover” research and development center today. And although these balloons have only been tested in a very limited number of places, it seems that their success in Peru last May has given it a great boost.
So if the rumors are true and the Alphabet wants Project Loon to be its next spin-off company, this could mean that the company has high hopes for the project, and that Google globes could become an effective tool. to bring internet connectivity to places where at the moment it is almost or totally non-existent, mainly due to geographic but also political and / or economic issues, from rural areas to moments of emergency.
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