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Broadband from Hot Air Balloons – Loon Secures £97m Investment

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After several years of development Alphabet’s (Google) Loon project, which hopes to distribute mobile broadband (4G / 5G) connectivity from High Altitude Platforms (stratospheric balloons), has just secured an investment of £97m ($125m) from SoftBank’s HAPSMobile in order to help support their commercial roll-out (due to begin this year). The idea of using balloons to […]

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