Alphabet $GOOGL Balloons & Drones, Projects Loon & Wing Graduate

Loon and Wing: the story of two moonshots

X, the moonshot factory: Captain of Moonshots, Astro Teller, looks back at Loon and Wing's journeys while at X. Video above published Jul 11, 2018.

Google parent company Alphabet has spun its drone delivery project (Wing) and internet-bearing balloon efforts (Loon) into independent businesses. These are the fourth and fifth companies to "graduate" from its X research division.

Projects Loon, Wing Now Companies Under Alphabet

Fortune Magazine video above published Jul 11, 2018: Alphabet’s ($GOOGL $GOOG) Project Loon and Project Wing “graduated” to become fully-fledged companies under the Alphabet umbrella.
"Today, unlike when they started as X projects, Loon and Wing seem a long way from crazy — and thanks to their years of hard work and relentless testing in the real world, they’re now graduating from X to become two new independent businesses within Alphabet: Loon and Wing."--blog.x.company
Domains: loon.co and x.company/wing

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