Tech content trusted by users in North America and around the world
7,299 Reviews & Articles | 53,289 News Posts

Google signs 60-year lease with NASA for its own airfield

Google now has its own airfield after signing a 60-year, $1.16 billion lease with NASA
By: Anthony Garreffa | Science, Space & Robotics News | Posted: Nov 11, 2014 4:32 am

Google's Planetary Ventures division has signed a massive agreement with NASA for the Moffett Federal Airfield, an airfield that has three hangars, two runways, and a golf course.

 

google_signs_60_year_lease_with_nasa_for_its_own_airfield_05

 

The company signed a giant 60-year lease, which will cos them $6.3 million per year, or $1.16 billion in total. Google has also agreed to pledge $200 million to both restore the hangars, as well as create a previously promised educational building that will show off the airfield's role in Silicon Valley's past.

 

What will Google be doing with the hangar? That's not known yet, but I'm sure the search giant will unveil everything soon enough.

NEWS SOURCES:Engadget.com

Related Tags

Got an opinion on this news? Post a comment below!
loading