By CAMVATE | 14 January 2017 | 1871 Comments
Lily Drone Company Shut Down Yesterday
In 2015, a drone name Lily attracted people’s attention and was regarded as the leader of a new generation of drone. It is portable, and can fly up automatically when the user throws it away in the sky. It can fly up even it falls in the water. This advanced drone is used for follow shot. Lily company announced that it that it was ceasing operation. However, today the founders of Lily have announced in a letter and email to customers that the start-up is shutting down operations because it failed to raise additional funding to start production of its drone.
"It does not matter if a company is established or if it is a startup,” District Attorney George Gascón said on Thursday. “Everyone in the market must follow the rules. By protecting consumers, we protect confidence in our system of commerce.” On its website and in a letter to pre-order customers, Lily Robotics promised it would be issuing refunds to customers over the next 60 days but now the attorney's office has also obtained an order from a judge requiring the company to return all the money it received from customers and not use it for other purposes.
Recently Reviews
Read MoreLeave a Reply
Your email address will not be published.Required fields are marked. *