DJI first billion dollar consumer drone company

###DJI the makers of the immensely popular Phantom drone range, is set to become the first billion dollar consumer drone company.

During 2014 DJI reported an impressive $500 million in revenue, four times its 2013 report. Making DJI the world’s most popular consumer drone maker, at least by revenue.

The Verge has learned that the company is currently in talks with Silicon Valley’s top venture capital firms to potentially raise a new round of funding. Sources familiar with the negotiations say… [DJI] is on pace to do about $1 billion in sales this year. The potential valuation of the company would be a healthy multiple of that, several billion dollars, although no deal has yet been finalized. - Source The Verge

[details=CBI Insights found drone funding was up 104 percent between 2013 and 2014]

As someone who has always been interested in RC but not interested enough to splash out the $1000s necessary for good equipment this investment may prove to be good news in making product’s such as DJI’s Phantom 2 a little more affordable. And honestly I can’t wait to one day get my hands on one of these :smiley: