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DroningON

droningon.co

DroningON is a news and media website focused on the drone industry. We provide the drone community with the latest leaks, DJI news, drone news, releases, events and products reviews.

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Visit droningon.co → On Hacker News Mar 2017 – Mar 2017

Hardware & Electronics 1Tech Industry & Business 1

1

Lily Drone Files for Bankruptcy

Lily, whom despite raising millions in dollars to build their highly anticipated consumer drone, have just filed for bankrupcy. Throughout 2015 and 2016, Lily raised over $35 million in pre-sales and even secured $15 million in investment via equity organisations. Their downfall, predicted by DroningON three days…