Squadrone System has finally been able to amass around $5 million for its cutting-edge autonomous flying camera, also known as the HEXO+. While many of you may think that this isn’t such a significant development in the drone industry, think again. The HEXO+ has among the most advanced ‘follow me’ drones that will allow users to capture footage in full HD from the sky.
The drone is also technically the first autonomous flying camera. While Squadrone System had already secured about $1.3 million in its first round of capital raising on Kickstarer, the recent investment of $3 million by Living Water Investment Corp. has brought the company’s total capital to $5M.
With this money, the company will be able to finance full-scale production of the HEXO+ and deploy teams across the US and Europe to ensure that the device is rolled out with an effective marketing strategy. Squadrone System intends to target a wide range of consumers for its product. For those who want to capture aerial footage from an amazing camera, they can pre-order the device for $1,349.
According to Living Water Investment Corp., they are excited about HEXO+’s capabilities because the company also shares the same vision in regards to the innovation and evolution of the camera as a device. Fully autonomous drones will allow video enthusiasts to take their hobby/skill to the next level thanks to this new camera drone. Living Water is proud to be a major investor in the drone and hopes that people across the world are able to enjoy its capabilities.
Since the drone will not require any piloting skills, it allows almost anyone to direct and act in their very own movie, claims Antoine Level, the CEO at Squadrone System. The HEXO+ has already won three awards, including the iPhone Life’s Best of CES, Videomaker’s Best Drone of CES, and Envisioneering’s Innovation & Design award at ShowStoppers.
The camera can be controlled via any Android and iOS smartphone, while the drone can fly up to 45 mph. With such promising credentials, this new device is bound to be a crowd-pleaser.