The light-based internet project Taara is departing Alphabet’s “moonshot” incubator X and spinning off into an independent company.
Taara’s technology uses lasers to transmit data and is seen as a potential rival to Elon Musk’s Starlink, particularly in connecting rural areas to the internet.
The Financial Times reports that Alphabet will retain a minority stake in Taara, which has also secured funding from Series X Capital.
The company currently employs
