Google now runs an airfield after signing a 60-yr NASA lease

Google now runs an airfield after signing a 60-year NASA lease

It is official: following months of negotiations, Google now has an airfield to name its personal. The corporate’s Planetary Ventures wing has signed a lease with NASA that lets it handle Moffett Federal Airfield, together with three hangars, two runways and even a golf course. The 60-yr (!) deal could have the web big shell out $6.three million per yr in maintenance, and a complete of $1.sixteen billion in lease. Don’t be concerned that Google will run roughshod over Moffett’s historic significance. The settlement additionally has the corporate pledging $200 million to each restore the hangars and create a beforehand promised instructional constructing that illustrates the airfield’s position in Silicon Valley’s previous. Google hasn’t stated precisely what it plans to do with the brand new turf, however the odds are that it will be used for far more than executives’ personal jets. Do not be shocked in the event you see some web balloons floating over Mountain View within the years forward.

[Picture credit score: Erik Charlton, Flickr]

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