Published On: Tue, Nov 11th, 2014

Google Rents NASA Hangars For Cutting-Edge Research

Google Rents NASA Hangars

Google has renting  part of an air base owned by NASA in a 60 year lease deal that will allow it to use hangars for research into aviation, space exploration and robotics projects. Google co-founders Larry Page and Sergey Brin are no strangers to far out technology. They already have the project Google X, which is researching self-driving cars, internet balloons and delivering drones.

According to a press release from NASA, Planetary Ventures, a subsidiary run by Google, will pay $1.16 billion in rent over a period of 60 years for the 1, 000 acre site that has an air field and a golf course. In addition, Google will invest an additional $200 million into transforming the hangars for research and creating a visitors’ site. The deal is not only good for Google, but for NASA, since it saves them $6.3 million annually in maintenance and operational costs.

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