Titan Aerospace
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Titan Aerospace was a Moriarty, New Mexico aerospace company founded in 2011 by Max Yaney, later led by CEO Vern Raburn, the founder of Eclipse Aviation. It built solar-powered high-altitude drones — the Solara 50 and Solara 60, dubbed atmospheric satellites — designed to stay aloft for up to five years at 65,000 feet beaming internet access to remote areas. The 20-person startup was acquired by Google in April 2014 for an undisclosed sum, beating a reported $60 million approach from Facebook, to work on internet-connectivity projects including Project Loon.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Titan Aerospace was founded.
- Acquisition
Titan Aerospace was acquired.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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