Google buys drone maker Titan Aerospace

Google Inc. agreed Monday to buy Moriarty, N.M.-based Titan Aerospace, according to the Wall Street Journal. The company manufactures high-altitude drones.

The Wall Street Journal reports Google is adding more aerial technology to collect real-time, high-resolution images of the earth and other atmospheric data, while also more widely supporting voice and data services.

No purchase price was named.

Titan will work closely with Google's Project Loon, which is building large, high-altitude balloons that spread Internet connectivity to areas of the world that aren't currently online.

Titan claims that its drones can deliver Internet speeds of up to 1 gigabit per second using specialty communications equipment.

Titan expects initial commercial operations to begin in 2015.

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