Over the past few days, the fallout from the failed Lily drone project has started to gain momentum. We revealed last week that the Lily was back from the dead thanks to the Mota Group, who purchased the rights to the Lily brand at auction. On the surface, buying the rights to a tarnished brand seems like a strange decision. We tried to explain why it makes good business … [Read more...] about Is Viatek About to Launch the Real Lily Drone?
Lily
When Crowdfunding Fails – What Can the Drone Industry Learn?
It's becoming a familiar news story in the drone industry: 'Successful Crowdfunding Campaign Ends in Disappointment.' You've probably heard about one that fits the description. And it always seems to unfold the same way. First, the startup in question will raise a huge amount of publicity and cash on the back of an innovative vision. It's marketed well, big promises are made, … [Read more...] about When Crowdfunding Fails – What Can the Drone Industry Learn?
SF Attorney General Lawsuit Alleges Lily “misled customers”
The office of the Attorney General for San Francisco is taking the drone company, Lily to court for misleading customers and failing to make timely refunds. The suit which can be found here claims lured potential customers into pre-ordering the drone using a promotional video that was "purportedly" shot with the Lily drone but was in fact filmed by a professional camera crew … [Read more...] about SF Attorney General Lawsuit Alleges Lily “misled customers”
Lily Drone Unable to Take Flight, Closes Down
Lily, a crowd-sourced drone that looked to be the first action selfie drone is shutting its doors.. It was a novel and innovative concept that received a great deal of press attention when announced. However, it never took off. In the meantime several firms executed on the concept of small easy to used selfie drones. These include the Yuneec Breeze and ZEROTECH's DOBBY … [Read more...] about Lily Drone Unable to Take Flight, Closes Down
Failure to Launch: Drone Manufacturers Struggle to Take Off
While the commercial drone industry seems poised for takeoff, drone manufacturers across the globe are struggling to launch. Investors and consumers are worried about their money as several companies miss launch date after newly revised launch date for widely hyped new drones - proving that drone manufacturing may be a challenge for businesses of any size. The drone … [Read more...] about Failure to Launch: Drone Manufacturers Struggle to Take Off
