What went seriously wrong with Lily Robotics

Source: VentureBeat
02/14/17, 09:41 AM | Other Topics | Crowd Funding, drones

Kayla Matthews for VentureBeat:  Lying in general is a bad idea, but lying to your would-be customers is an especially awful thing to do. That’s the lesson allegedly being learned by Lily Robotics, which, at the end of January, was raided by San Francisco police as part of a potential criminal investigation.

Let’s back up. Why is the SFPD raiding the headquarters of a robotics company? It’s been a long, strange road, but let’s go back to the beginning.

In 2016, Lily Robotics took more than 60,000 preorders for an upcoming product — preorders valued at more than $34 million. Naturally, these customers expected the product to be delivered within the specified time frame and to work as depicted in the company’s promotional videos.  Cont'd...

More Other Topics Stories | Articles | News

Comments (0)

This post does not have any comments. Be the first to leave a comment below.

Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Elmo Motion Control – The Platinum Line, a new era in servo control

Elmo Motion Control - The Platinum Line, a new era in servo control

Significantly enhanced servo performance, higher EtherCAT networking precision, richer servo operation capabilities, more feedback options, and certified smart Functional Safety. Elmo's industry-leading Platinum line of servo drives provides faster and more enhanced servo performance with wider bandwidth, higher resolutions, and advanced control for better results. Platinum drives offer precise EtherCAT networking, faster cycling, high synchronization, negligible jitters, and near-zero latency. They are fully synchronized to the servo loops and feature-rich feedback support, up to three feedbacks simultaneously (with two absolute encoders working simultaneously). The Platinum Line includes one of the world's smallest Functional Safety, and FSoE-certified servo drives with unique SIL capabilities.
More Products
Feature Your Product