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  • 01.13.17

As DJI soars, drone industry investment is falling

Yesterday’s news that Lily–once a darling of the drone community–had been forced to shut down after being unable to raise enough money to complete production, was just the latest proof that everyone interested in drones is living in DJI’s world. Other recent examples are big layoffs at France’s Parrot, the failure of 3D Robotics’ consumer drone business, and even the inability of GoPro to make a dent with its Karma drone–which was delayed for a year, and then grounded almost immediately after launch due to technical problems.

[Chart Courtesy of Pitchbook]DT