Google acquires Makani Power (green energy)

Companies in Relationship

Google, Makani Power

Deal Facts

Initial Announcement Date: 5/13

Consideration: estimated at $30 million (Source: Robohub)

Google acquires Makani Power, a green energy startup that is building airborne wind turbines. Google had previously invested $15M in the company. Makani will be nurtured within Google X skunkworks.

Strategic Implications

Google intends to push the limits of airborne wind power generation with Makani. Google X’s director Astro Teller stated that Larry Page approved the deal but said that X would need “to make sure to crash at least five of the devices in the near future.”

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