Sunday, May 26, 2013

Google buys Makani Power

Google announced that Makani Power will become part of Google X – the secretive research and development arm of the search giant. The deal comes as Makani carries out the first fully autonomous flights of carbon-fiber robot kites bearing power-generating turbines. Google has not said how much it paid to acquire Makani, but it has invested $15 million in the company previously.