Feb 28, 2017

Selfie-taking drone lands in bankruptcy


Lily Robotics, the drone startup that took in millions from investors and eager customers, has filed for bankruptcy protection, according to Recode.

Lily garnered tons of interest in its self-flying selfie-taking quadcopter, but said in January it was scrapping plans to ever ship its drone and would instead offer refunds to customers.

Here's the promotional video the company used to rack up all those orders:

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