Loon hoped to connect remote parts of the world with self-navigating balloons.
Google’s Project Loon is shutting down, ending the company’s ambition of using huge balloons to deliver Internet connectivity to some of the hardest to reach parts of the globe. The venture was first set up in 2013 and spun-off into a separate entity known as ‘Loon’ two and a half years ago. Since then, Project Loon has worked to develop technology, such as self-navigation, and improve the economics of the project by speeding up the manufacturing and deployment times of balloons.
