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Lily Drone team says it has no timeframe for issuing refunds
When Lily Robotics announced that its self-flying, follow-along camera drone wouldn't be produced, it promised to refund $34 million in pre-orders back to its customers. That's still the plan, but according to a new refund request form, the company isn't sure when those payments will actually go out. That's not much of a vote of confidence for customers who have already filed for refunds. Still, it's at least organized -- this new refund process is being run through Prime Clerk, the agency helping Lily Robotics navigate its bankruptcy claims.
Lily Drone is dead despite $34 million in pre-orders
Lily Robotics stormed into the world with a follow-along camera drone that earned $34 million in pre-orders. But the company has now admitted that it can't deliver the product, and will wind down in the near future. In a blog post, co-founders Antoine Balaresque and Henry Bradlow explained that they've run out of money.
Lily's smart camera drone racks up $34 million in pre-orders
If you need proof that there's a market for camera drones that follow you around, you just got it in spades. Lily Robotics has revealed that its tag-along drone scooped up $34 million in pre-orders for 60,000 machines. That number may not sound huge next to smartphones selling in the millions, but it's gigantic for a robot in a relatively untested (and fairly niche) category. Also, none of the customers who responded to surveys had owned drones before -- these aren't just enthusiasts pouring money into their hobby.
