Home > Brands > Google > Alphabet To Spin Out Loon, Wing

Alphabet To Spin Out Loon, Wing

Google parent Alphabet is spinning out its X research division, making its Wing and Loon projects into independent companies.

Project Loon makes balloons – one pictured in hanger – aimed at introducing Internet delivery to poor nations, while Project Wing is a drone delivery system.

Alastair Westgarth will head up Loon as CEO and James Ryan Burgess will take charge at Wing.

The two offshoots will now form part of Alphabet’s Other Bets division, which already comprises cyber-security company Chronicle, self-driving car project Waymo and life sciences division Verily.

You may also like
Amazon Joins Apple In US$800B Club
Wall St Mauls FANGs Apple
Amazon Worth More Than Alphabet, Second Most Valuable NYSE Company
Tech Giants Hit By Wall Street Flash Crash
Alphabet Considering Google and Nest Merge to Combat Amazon