In addition, the Lily Reward Program will provide promotional discounts and placement of the customer’s name on a “ Lily Friends” web page exclusively for original customers of the Lily drone. The opportunity to acquire the stock will be made only after our offering statement is qualified by the SEC. will offer up to 1,000,000 shares of common stock, with no payment required other than the product order, to original customers of Lily Robotics who order a Lily Next Gen. Lily customers surveyed preferred a longer flight time and greater affordability over those capabilities, which would have increased complexity, significantly increased cost, and reduced performance. Lily Next-Gen does not offer IP67 waterproofing and throw to fly, features that Lily Robotics had advertised. Unlike the original Lily drone specification which envisioned a two-hour recharge, the battery is user swappable for minimal downtime between flights. The Next-Gen folds to the width of a smartphone for easy travel: 8 inches long, 3 inches wide and 2 inches high. Outdoors, geofencing and automatic return to its take-off point help keep it safe.The Next-Gen is flyable indoors using optic flow and ultrasonic positioning to avoid obstacles below it.The camera provides a still photo resolution of 13 MP. Image stabilization helps ensure smooth video footage.For pilots who want to fly further, Lily Next-Gen can be flown up to 3,280 feet from its take-off point.*.It can also perform continuous 360⁰ orbits around single point. It captures follow-me video selfies using object tracking software to follow the user or another person.The Next-Gen has multiple one-touch functions, including flight operations and media sharing.One or two extra batteries, depending on the model, are included. With up to 18 minutes of flight time,* Lily Next-Gen records video in 4K ultra HD or 1080p via a Sony IMX 214 camera.Lily Next-Gen gives users most of what the Lily drone promised plus a lot more. The announcements were made at Drone World Expo, a San Jose, Calif., show and conference for the drone industry. acquired assets of Lily Robotics in 2017, including branding, trademarks, and its customer list. The Lily Reward Program is designed to keep the very large Lily customer base engaged as we develop additional Lily point-and-shoot drones with capabilities that appeal to a greater range of interests and applications.” “More than 60,000 people had backed the Lily drone. “Strong pre-orders for Lily Next-Gen helped convince us to offer a stock incentive to carry the dream into the future,” Faro added. People are ready for friendly and exceptionally easy to use camera drones.” “Lily Robotics’ vision was a fun and simple selfie drone for highly active people,” said Mota Group President Michael Faro. Mota Group’s LILY® division today launched Lily Next-Gen™, a drone in the spirit of the Lily flying camera announced in 2015 but never produced, as well as the Lily Reward Program, a stock incentive program exclusively for original customers of Lily Robotics.
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