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.
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new str...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
Rwanda and GiveDirectly will mobilize more than $150 million over five years to reduce poverty by 25% in the five poorest districts. Rwanda...
Kenya plans to invest about $350 million over ten years to restore ecosystems and livelihoods in the Lake Victoria basin. The government...
Togo initiated a revision of its aquaculture legal framework to align with production, investment, and biosafety needs. National production reached...
IFAD approved $78.5 million to support Rwanda’s agricultural transformation and climate resilience. Agriculture employs about 64.5% of...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...