Xiaomi Mi Drone To Retail For About $600

The company hasn’t set a release date, but said that the drone will be available for beta testers in July.

The price tag for Xiaomi’s machine is considerably lower than that of other professional-quality drones, such as the DJI Phantom series, which can start anywhere between $700-$1,500. Drones are already becoming a common sight at scenic lookouts and over city centers; if the price more than halves, then you can expect to see a lot more Dads With Drones this holiday season.

According to Xiaomi, the Mi Drone can remain in the air for approximately 27 minutes, and uses both GPS and GLONASS for positioning purposes.

There is even a teaser of the upcoming drone given at the bottom so be sure to watch it and let us know what you think. The Mi Band 2 was first spotted on the hands of Lei Jun, CEO of Xiaomi where it comes with a display and also a physical button. For professionals, the Mi Drone also allows one to chart a route and trajectory before flight. Technological and regulatory barriers still exist to further drone adoption. The Mi Drone is going head to head with also China based DJI in semi-professional mid-range.

Well, that dream could become a reality if you get accepted into the newly launched BC-GSV Accelerator 2016.

The average drone sold for more than $550 in April, NPD said. It is also portable enough to be carried around in a bag.

The report details several of world’s major drone suppliers and examines trends in drone adoption among several leading industries. Xiaomi is valued at roughly $45 billion, while DJI hit $10 billion just previous year. Xiaomi has focused on releasing polished products at a very aggressive price.

We’re still waiting for the official tech specs and features, but for now, the big news is the price. But what it lacks in looks, it more than makes up for in specifications.

That could lead to another hint towards the functionality of the drone.

Compares drone adoption across the consumer, enterprise, and government sectors.

However, none of them seem to have an off-the-shelf drone product for hobbyists.

Discusses popular use cases for drones in the enterprise sector, as well as nascent use case that are on the rise.

Currently, there are 900 drone manufacturers in China and over 200 in the USA.