Google Acquires Makani Power for Undisclosed Sum
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5030d829-82e9-4650-9405-598abf76ff28&Preview=1 - Date
5/23/2013 - Company Name
Makani Power - Mailing Address
2175 Monarch Street Alameda, CA 94501 - Company Description
Makani Power is developing Airborne Wind Turbines (AWT) to extract energy from powerful, consistent winds at altitude. Makani AWTs will produce energy at an unsubsidized real cost competitive with coal-fired power plants, the current benchmark of the lowest cost source of power. - Website
http://www.makanipower.com - Transaction Type
M&A - Transaction Amount
Undisclosed - Transaction Round
- Proceeds Purposes
- M&A Terms
Financial terms of the transaction were not disclosed by the parties.
