Facebook to Buy Drone Company Titan Aerospace for $60 Million

<p>Facebook is slated to buy New Mexico-based drone maker Titan Aerospace for about $60 million, a source confirmed to CNBC.<a href="http://www.cnbc.com/id/101464383"></a></p>

Image: Titan Aerospace

Artist rendering of Solara 50 from Titan Aerospace.Titan Aerospace

March 4, 2014, 4:36 PM UTC / Updated March 4, 2014, 5:15 PM UTC

Image: Titan Aerospace — Artist rendering of Solara 50 from Titan Aerospace.Titan Aerospace