Google may be looking into buying a stake in Richard Branson's Virgin Galactic enterprises. The search giant is rumored to have offered $30.2 million to Branson in the first wave of investments in his space tourism program.
Already one of the largest corporations on earth, such a deal would allow Google access to the space transportation business.
Negotiations between multibillionaire Richard Branson and Google have, reportedly, been ongoing for several months. Google could also purchase 1.5 percent of Virgin Galactic for $2.4 billion. Sources in both companies say they expect the deal will get done, after details are finalized.
Google's investment could be paying for new research, rockets and bases. In return, Virgin Galactic could supply Google with technology to reach space. This know-how could provide Google with the ability to extend internet services even in the most remote portions of the world. Extending internet access to billions of people without connections could also vastly grow Google's customer base.
Titan Aerospace, a developer of solar-powered drones, has already been purchased by Google. Their automated aircraft can fly for years without having to land.
The mega-corporation has also recently taken possession of satellite manufacturer SkyBox Imaging. That company designed inexpensive satellites capable of taking high-quality photographs and videos of the Earth.
They have extended their investments into satellite internet services in under-served areas with an investment in 03B Networks. This could serve as part of Google's combined strategy of using satellites, drones and balloons to extend internet service worldwide.
Information about the possible talks between Google and Branson was first reported on Sky News.
"Sir Richard and Larry Page, Google's co-founder, are close friends, and have registered the name Virgle for use on potential future business collaborations," Mark Kleinman of Sky News reported.
Abu Dhabi's Aabar Investments PJS owns nearly a third of Virgin Galactic, with most of the remainder owned by Branson's Virgin Group.
SpaceShip 2, the first of Branson's ships capable of bringing passengers to space is still undergoing tests. The outside is composed of a carbon composite material four times stronger than steel. In 2004, Spaceship 1 became the first reusable spacecraft ever designed and flown by a private firm to reach beyond the atmosphere.
After estimating commercial flights to space would be available in by 2010 six years ago, schedules have been pushed back. A financial boost from Google could provide additional resources to push Branson's venture into space.
Google and Virgin Galactic are, so far, refusing to make any official statement on the rumored talks.
