Google signs deal with NASA to lease Moffett Airfield, will be used for space exploration research

Shawn Knight

Posts: 14,029   +150
Staff member

google takes operations moffett airfield nasa invest site google space exploration robotics moffett federal airfield planetary ventures

Planetary Ventures, the shell corporation that handles Google’s real estate interests, has signed a 60-year deal to lease NASA’s Moffett Federal Airfield – an airport that has been used to house the private jets of Google executives for years.

Nestled between southern Mountain View and northern Sunnyvale in Moffett Field, California, Moffett Federal Airfield consists of approximately 1,000 acres of land that includes Hangars One, Two and Three, an airfield flight operations building, two runways and a private golf course.

google takes operations moffett airfield nasa invest site google space exploration robotics moffett federal airfield planetary ventures

The property will be used for research, development, assembly and testing in the areas of space exploration, aviation, rover / robotics and other emerging technologies according to a press release on the matter.

As per terms of the deal, the search giant will pay $1.16 billion in rent over the lifetime of the contract. What’s more, the lease will save NASA approximately $6.3 million annually in maintenance and operation costs.

google takes operations moffett airfield nasa invest site google space exploration robotics moffett federal airfield planetary ventures

Google will also be responsible for refurbishing Hangar One which was built in 1931 and is one of the world’s largest freestanding structures. They’ll also be tasked with rehabilitating Hangar Two, Hangar Three, creating an education facility for the public and operating the airport for public and private use.

NASA Administrator Charles Bolden said that as the agency expands its presence in space, they are making strides to reduce their footprint here on Earth. Specifically, they want to invest resources in scientific discovery, technology development and space exploration – not in maintaining infrastructure they no longer need.

Google began negotiating terms of the deal with NASA way back in February. 

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tipstir

Posts: 2,854   +200
Property Tax for the State of CA for Google is what I would like to know what they're paying per year on that property. They should be also Taxed on what their charging NASA for rental of such property. Sounds like some sort of property exception under handing going on. How did Google online search engine own such property what else do they own too.
 

mailpup

Posts: 7,743   +827
TS Special Forces
Government agency owned properties, particularly the federal government, are usually exempt from property taxes. Since property taxes are assessed on property owners, not lessees, I doubt there are any property taxes involved.