Thursday, 12 January 2017

Lily drone shuts down, gears up for $34 million in refunds

Lily drone isn't the first crowdfunding campaign to flop, and it won't be the last

We've covered more than a few crowdfunding campaigns for drones in the last few years, but none have garnered quite the fanfare nor the cash of the much-hyped Lily camera drone. Promising autonomous flight and shooting modes after simply being tossed into the air, its makers are set to deliver on neither after today announcing they will be winding down operations.

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Category: Drones

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