Chinese smartphone manufacturer Xiaomi Inc. is adding a new fitness drone to its product line of smartphones and wearables, according to Chinese media reports. The new fitness drone, called the Mi Drone, may be connected to Xiaomi's fitness tracking wristband. The drone would follow the user as they engaged in exercise by pinging the wristband. The price of the Mi Drone is … [Read more...] about Venture-Backed Chinese Xiaomi Introduces Fitness Drone
Drone Investment
Drone Startups Raise Over $450m in 2015
Drone Startups raised over $450million in 2015, investment research firm CB Insights reports. While the number represents a 300% increase over dollars invested in 2014, the increase in deals is much smaller, with the number of firms funded demonstrating a 111% increase over last year. FAA exemptions for commercial operators picked up the pace this year, allowing more drone … [Read more...] about Drone Startups Raise Over $450m in 2015
