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7 commentsWednesday, June 4, 2008

Google Signs 40-Year Lease With NASA

Start of 90-year relationship?

Say what you will about a certain search giant, but the company can commit.  Google has leased 42.2 acres of land from NASA as part of an agreement that will stand for a minimum of 40 years.

Google has promised to pay NASA $3.66 million per year.  Assuming NASA doesn't raise the rent - and it will have opportunities to do so - this 40-year occupation will cost $146.4 million.  Then Google and NASA will have the option of extending the lease to a total of 90 years.

Google Land
 Google's Leased Land

As for what's going to happen on NASA's land, a press release states, "Google will . . . construct up to 1.2 million square feet of offices and research and development facilities in a campus-style setting."  From there, it's hard to say whether search, advertising, or missions to Pluto will be on the agenda.

S. Pete Worden, the director of NASA's Ames Research Center, only commented, "This major expansion of NASA Research Park supports NASA's mission to lead the nation in space exploration, scientific discovery and aeronautics research."

In 2013, phase one of the new campus's construction is supposed to be completed.  Phase two should be done in 2018, with phase three finishing things off four years later.

Meanwhile, it remains impossible to state whether Yahoo will even remain an independent company six months from now.

News Tags: Google, Deals, NASA
About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

Beyond Googl

It's amazing the power that Google has and will have for years to come. And the shift that we will start seen from this company. The Adwords marketing system will give Google the money and resources it needs, And maybe even for Pluto.

Selling to the Galaxy

The article of Google long term lease is a facsinating thought provoker.  We spend so much time trying to think of ways to get in front of our customers that we limit the far reaching (no pun intended) possibilities of communication.   I imagine Google to be taking these steps to secure the next generation of satilites (ie: selling advertizements via the net...going to selling via the next generation satilite?)  Or would it be nx-gen sat  ad words?

My more creative mind wants to ask something a bit farther a field.  The parent company to TrollbeadsGallery.Com is in Denmark and has a strick rule that does not allow us to sell outside of the U.S.  Should I now be asking them what their rules will be for selling outside the solar system?

Trollbeads already has some great beads that will sell well to that audience.  Click www.trollbeadsgallery.com and hunt for the "Planet" bead, "Space" bead or the "Around the World" bead!

Louise Rogers   www.trollbeadsgallery.com

 

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