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.
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.
Last updated: Jun 16, 2020 at 04:29 pm CDT
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