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Autonomous Lily drone cancelled after $34 million in pre-orders


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Guest Mike Wehner
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Back in 2015 a drone was announced that seemed to fulfill what many people actually wanted out of a floating camera. The Lily drone was billed as "the first throw-and-shoot camera," and a fantastic video helped sell customers on the idea that you could throw the little quadcopter into the air and it would follow you around, filming your every move. It blew up and raised over $34 million in pre-orders from eager buyers at a price of around $800 each. Now, the company is folding, having never shipped a single Lily.

 

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