Google signs 60-year NASA lease


Bloomberg: Google Inc. agreed to a $1.2 billion lease of Moffett Field, NASA’s airfield in California.

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Bloomberg: Google Inc. agreed to a $1.2 billion lease of Moffett Field, NASA’s airfield in California.

As part of the deal, Google subsidiary Planetary Ventures LLC will invest more than $200 million in improvements at the site, which is near the company’s headquarters in Mountain View, according to a NASA statement. The facility is slated for research, assembly and testing in the areas of robotics, space exploration, aviation and other technologies, it said.

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