Google’s parent companyAlphabet has expanded its portfolio of subsidiaries, now that two of its moonshot projects have become fully independent businesses.
X, an American semi-secret research-and-development facility founded by Google in January 2010 as Google X, operates as a subsidiary of Alphabet. X’s mission is to invent and launch “moonshot” technologies that aim to make the world a radically better place. A moonshot is defined by X as the intersection of a big problem, a radical solution, and breakthrough technology.
Alphabet’s drone delivery system, Wing, is designed to improve the speed, cost, and environmental impact of transporting goods.
X’s moonshot captain, Astro Teller, announced yesterday that Wing, alongside balloon connectivity project Loon, has been launched as an independent business.
Teller said: “X’s job is to create radical new technologies and build a bridge from an idea to a proven concept. Now that the foundational technology for these projects is built, Loon and Wing are ready to take their products into the world; this is work best done outside of the prototyping-focused environment of X.
“With Loon and Wing now leaving X to join the ranks of graduates like Waymo, Chronicle and Verily, we can turn our resources to new moonshot adventures, as well as our ongoing work in robotics, free-space optics and Glass.”
Alphabet is an American multinational conglomerate that was created through a corporate restructuring of Google on October 2, 2015 and became the parent company of Google and several former Google subsidiaries.