WILL NICHOLLS, PETAPIXEL:
In January 2017, the company behind the highly anticipated Lily drone announced that it would be shutting down after raising over $34 million from backers. The company was quickly sued and accused of misleading people with a faked promo video. However, it looks like Lily is now making a bit of a comeback.
A California-based drone company named Mota Group has acquired the assets of Lily Robotics for a cool $750,000, and you could soon see this smiley drone buzzing about above your head soon.
Check it out, from here.