< >

 

Google signs $1.1 billion lease for Nasa hangar to use for developing robots

By

Google signs $1.1 billion lease for Nasa hangar - and plans to use it for developing a team of robotsGoogle has signed a 60-year lease for part of a historic Navy air base, where it plans to renovate three massive hangars and use them for projects involving aviation, space exploration and robotics.
The tech giant has agreed to pay $1.16 billion in rent over the next six decades for the property, which also includes a working air field, golf course and other buildings.
The 1,000-acre site is part of the former Moffett Field Naval Air Station on the San Francisco Peninsula.
Google also plans to invest more than $200 million (£126 million) to refurbish the hangars, and add other improvements, including a museum or educational facility that will showcase the history of Moffett and Silicon Valley.
In an official statement, Nasa said a Google subsidiary called Planetary Ventures will use the hangars for ‘research, development, assembly and testing in the areas of space exploration, aviation, rover/robotics and other emerging technologies.’
Google founders Larry Page and Sergey Brin have a well-known interest in aviation and space.
The company recently acquired several smaller firms that are working on satellite technology and robotics, including Boston Dynamics.

Tags: , , , , ,

Welcome to LNC Live News Stream Cloud