Thursday, 19 November 2015
Zano, a crowdfunding project to deliver autonomously piloted mini drones, has officially shut down, following ongoing internal struggles. Recently, its CEO resigned from Torquing Group, manufacturer of Zano, citing health issues and “irreconcilable differences”. Now, according to the BBC, the dream of ever bringing the product to market is over. Despite having raised £2.3 million ($3.5m) in November last year, it has run out of cash, it explained in a backers-only post on the project page. “Having explored all options known to us, and after seeking professional advice, we have made the difficult decision to pursue a creditors’ voluntary liquidation.…
This story continues at The Next Web
