SoftBank says Alphabet's Loon moonshot has transferred about 200 patents to it; Alphabet says it also handed over patents to partner Raven Industries (Pavel Alpeyev/Bloomberg)

Pavel Alpeyev / Bloomberg:
SoftBank says Alphabet's Loon moonshot has transferred about 200 patents to it; Alphabet says it also handed over patents to partner Raven Industries  —  - SoftBank paid $125 million for a stake in Loon project in 2019  — Google closed the high-altitude internet initiative this year

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