So what is Loon Project ?

Loon Project is a latest moonshot from Google[x] which aims to provide cheap internet to the two-thirds of the world’s population who do not yet have Internet access.

Project Loon is a network of balloons traveling on the edge of space, designed to connect people in rural and remote areas, help fill coverage gaps, and bring people back online after disasters.

http://www.youtube.com/watch?feature=player_embedded&v=m96tYpEk1Ao

Tech behind Loon Project

Project Loon balloons float in the stratosphere, twice as high as airplanes and the weather. They are carried around the Earth by winds and they can be steered by rising or descending to an altitude with winds moving in the desired direction. People connect to the balloon network using a special Internet antenna attached to their building. The signal bounces from balloon to balloon, then to the global Internet back on Earth.

http://www.youtube.com/watch?feature=player_embedded&v=mcw6j-QWGMo

To know more about the Loon Project Click Here. Check out the official post by Google.