Last year DJI sold about 400,000 units–many of which were its signature Phantom model–and is on track to do more than $1 billion in sales this year, up from $500 million in 2014. Sources close to the company say DJI netted about $120 million in profit. Sales have either tripled or quadrupled every year between 2009 to 2014, and investors are betting that Wang can maintain that dominant position for years to come. In May the company closed a $75 million round of funding from Accel Partners, which sources say valued the company at about $8 billion. DJI is also currently raising a new round of funding at a $10 billion valuation and Wang, who owns about 45%, will be worth more than $4.5 billion. DJI’s chairman and two early employees are expected to be billionaires from the deal. “DJI started the hobby unmanned aerial vehicle [UAV] market, and now everybody is trying to catch up,” says Frost & Sullivan analyst Michael Blades.
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, TinyGO, or even use the Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for CircuitPython, MakeCode, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? The Electronics Show and Tell is every Wednesday at 7:30pm ET! To join, head over to YouTube and check out the show’s live chat – we’ll post the link there.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — Re-evaluating Amazon after its acquisition of Whole Foods
Wearables — Lacy wires
Electronics — Higher isn’t always better
Biohacking — Vitamin-C + Gelatin for Accelerated Recovery
Python for Microcontrollers — Supercharged Supercon with CircuitPython, Quoth the Raven MOAR PYTHON! #Python #Adafruit #CircuitPython #PythonHardware @circuitpython @micropython @ThePSF @Adafruit
Adafruit IoT Monthly — The S in IoT is for Security, Amazon announces Sidewalk and more!
Microsoft MakeCode — Xenomorph candy bucket and spooky workshops with MakeCode!
Sorry, the comment form is closed at this time.