Share on StockTwits

According to a new report, Richard Branson may prove to be a key part of Google ‘s satellite plans. Sky News reports that Google is in advanced talks to take a small stake in Branson’s space flight company Virgin Galactic and to pursue a joint venture together. Google is reportedly looking to spend about $30 million for a 1.5% stake in the company and hundreds of millions on a venture which Sky News says would tie into Google’s plans to launch a fleet of satellites into low orbit.



“Report: Google In Talks To Acquire Stake In Virgin Galactic” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.