Google Acquires Makani Power for Undisclosed Sum

  • Feed Type
  • 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.

By posting a comment, you agree to our terms and conditions.