Lily, the crowd funded selfie camera drone has officially decided to stop moving forward with the launch of its product. The founds wrote a letter on the home page of their web site outlining why they are making this move. Among the reasons are problems with supply chain and manufacturing contracts with vendors. Lily was a very high profile crowdfunded company that actually raised a large amount of money. It seems that designing, testing and actually manufacturing a consumer drone is more challenging than many people anticipated.
To learn more about Lily and their reason for stopping production, please check out their web site.
Spread the love