HAPS Alliance Members Outline Commercial Opportunity in Earth’s Stratosphere
Alphabet Inc. - Class A (GOOGL)
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Source: GlobeNewswire
Mountain View, CA, April 29, 2020 (GLOBE NEWSWIRE) -- Loon LLC, Airbus Defence and Space, HAPSMobile Inc., Intelsat US LLC, and Nokia Corporation see a rare, untapped commercial opportunity in the skies above Earth’s atmosphere. All members of the recently-formed HAPS Alliance, the companies outlined in a White Paper published today a multi-billion dollar market opportunity in Earth’s stratosphere, spanning telecommunications, high-resolution earth observation, and weather prediction and modeling. Loon, an Alphabet company, has flown over 40 million kilometers in Earth's startosphere - enough to make 100 trips to the moon. New technology is making the stratosphere a promising
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