Alphabet is letting its laser-based internet company Taara fly and be free, according to reporting by Financial Times. Google’s parent company is spinning off the service from X, its moonshot incubator system (not to be confused with X the social network.)
Taara uses light beams to provide high-bandwidth internet and phone services to hard-to-reach areas of the world. This places it in direct competition with Elon Musk’s Starlink network of satellites.
Taara now has two dozen staff members and is “hiring aggressively.” It has secured backing from Series X Capital. Alphabet will retain a minority stake, but it remains tight-lipped regarding seed funding details or potential financial targets.
“They’re going to be able to get connected quickly to market capital, bring in strategic investors and generally be able to scale faster this way,” said Eric Teller, X’s Captain of Moonshots.
Taara already operates in 12 countries throughout the world and has provided suppl
