And now we have lift off
APSMobile Inc. , a subsidiary of SoftBank Corp. and minority-owned by AeroVironment Inc. (NASDAQ: AVAV), plans and operates a High Altitude Platform Station (HAPS) business with the aim of bridging the world’s digital divide. HAPSMobile is primarily engaged in network equipment research and development for the HAPS business, construction of core networks, new business planning and activities for spectrum usage. AeroVironment, Inc. is HAPSMobile’s minority owner and aircraft development partner for its solar-powered unmanned aircraft “Sunglider” designed for stratospheric telecommunications platform systems that flies approximately 20kms above ground in the stratosphere. HAPSMobile has a strategic relationship with Loon, a subsidiary of Alphabet, the parent company of Google .