work when it came to the long term, despite a number of partners who have helped along the eight-year journey.billion users, but the reality is Loon has been chasing the hardest problem of all in connectivity — thebillion users: The communities in areas too difficult or remote to reach, or the areas where delivering service with existing technologies is just too expensive for everyday people.
While we’ve found a number of willing partners along the way, we haven’t found a way to get the costs low enough to build a long-term, sustainable business. Developing radical new technology is inherently risky, but that doesn’t make breaking this news any easier. Today, I’m sad to share that Loon will be winding down.”Loon was first started in 2011, almost 10 years ago, with a balloon prototype made up of “basic, off-the-shelf” parts.