The Lily drone is one of the biggest failures in Kickstarter history — and now it’s making a comeback in perhaps the saddest possible way. After raising more than $34 million during its initial crowdfunding campaign in 2015, the company was forced to shut down when it couldn’t actually finance production of the drone.  Now, the Mota Group (who recently bought rights to the name) is announcing a reborn “Lily Next-Gen” drone that looks practically identical to the original version. The new drone will sell for $700, but…

Pre-orders for Lily’s smart camera drone have reached $34 million, equaling 60,000 units according to Forbes. The so-called “selfie drone” is slated to arrive this summer. After throwing Lily into the air, the device will automatically start flying, following you and recording video in full HD (1080p) at 60 frames per second and take 12-megapixel photos. The company says there’s no need for a controller, as the camera will follow you at distances between 5-100 feet, and it can fly anywhere from 5-50 feet about your head. By keeping a small…

The company says it will delay delivery of its drone, which people have paid $499 to $799 to preorder, until the summer. Original article at nytimes.com