HapsMobile, a subsidiary of Japanese holding SoftBank Corp, announced on April 24, 2019, the signature of a long-term partnership with Loon, Alphabet Inc’s unit that uses floating balloons to bring connectivity to remote areas around the world.
Via this partnership, HapsMobile will invest 125 million in Loon, which should later invest the same amount in HapsMobile later.
HapsMobile’s interest in Loon was spurred by the similitude of both parties’ activities. Indeed, Loon uses balloons to bring connectivity to remote areas while HapsMobile has developed Hawk 30, a stratospheric drone that could be used as mobile telecom station, to supply connection to remote areas.
HapsMobile took the opportunity of this partnership to unveil its Hawk 30, a 78-meter drone powered by ten solar-powered propellers. Similar to Facebook’s "Aquila", it can remain in the stratosphere for months without stopovers.
According to Alastair Westgarth, Loon’s CEO, this partnership is an “opportunity to develop an entire industry, one which holds the promise to bring connectivity to parts of the world no one thought possible. This is the beginning of a long-term relationship based on a shared vision for expanding connectivity to those who need it.
Loon already operates in Kenya where telecom operator Telkom adopted its solution to reach rural areas.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...
Tinubu approves partial write-off of NNPC debts to Nigerian government Decision cancels $1.42 billion and 5.57 trillion naira obligations Move...
Djibouti, Egypt sign port, logistics and energy cooperation agreements Deals include 23-MW solar plant to power Doraleh port operations Aim is to cut...
Algeria launches $207 million tire factory project in Touggourt Plant targets 5 million annual units, boosting industrial self-sufficiency Move...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal insertions, urges suspension and investigation Government...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...