WASHINGTON — Google announced Jan. 21 it is shutting down Loon, a venture to provide wireless connectivity by balloon that has been seen as both complementary to and competitive with satellite networks.
In a blog post, Astro Teller, head of X, the advanced projects or “moonshot factory” division of Google parent company Alphabet, announced that Loon will wind down operations in the next several months. Google started Loon in 2012 as part of X and spun it out into a separate…
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