THE FLYING SELFIE CAMERA THAT'S ABOUT TO HIT AUSTRALIAN STORES

Written on the 8 August 2017 by David Simmons

THE FLYING SELFIE CAMERA THAT'S ABOUT TO HIT AUSTRALIAN STORES

THE evolution of the humble self-portrait has undergone a rapid transformation, first with the rise of the smart phone and then the addition of the selfie stick.

It's an obsession that shows no sign of waning, and now selfie-taking is about to take on a new evolution in the form of the AirSelfie.

The AirSelfie is a portable, pocket sized, flying drone camera, literally built to make taking selfies easier, and Telstra has announced it'll be selling the gadget in more than 65 Telstra stores around Australia.

The company which creates these tiny flying cameras, IOT (ASX: IOT) Group, has jumped in at the right time with the Telstra deal, following the news that Snapchat is looking to buy a US company making a similar flying selfie camera called the Hover Selfie Camera for a reported $200 million.

Executive Director of IOT Group, Ian Dufell, thinks these flying cameras are going to be a huge hit for the company.

"The major consumer electronics retailers view this emerging product sector as a key growth area for this Christmas sales season," says Dufell.

"The IOT Group believes it is well positioned to capitalise on this new category with the AirSelfie Camera."

IOT Group are in the business right now of making drone technology accessible to the hungry masses. Their other consumer ready product, the ROVA, is a lightweight, HD Camera ready drone, that sells for $400 which is a bit less than what's currently on the market.

Today's announcement from IOT about the Telstra deal has seen IOT shares skyrocket. Just before close of trade on Monday, they were trading at just $0.01, but up by 33.33 per cent.

Business News Australia

 

 
Author: David Simmons

Latest News

SURFSTITCH GOES UNDER AS LEGAL COSTS FINALLY TAKE THEIR TOLL

SurfStitch (ASX: SRF) has entered voluntary administration, impacted by a series of protracted legal entanglements...

APOLLO MOTORS TO HIGHER THAN EXPECTED PROFIT ON ACQUISITIONS

APOLLO Tourism & Leisure's (ASX ATL) aggressive acquisition strategy in Canada and Australia has lifted th...

SANTOS CLAWS BACK LOSS DESPITE HEAVY IMPAIRMENT CHARGES

SANTOS Limited (ASX: STO) has reported a loss of $640 million for the first six months of 2017, a huge reduction o...

BOARD SHAKEUP AND UNDERPERFORMING ASSETS IMPACT EUREKA RESULTS

EUREKA Group's (ASX: EGH) FY17 financial performance has suffered at the hands of a board reshuffle and underp...

Related News

ACCC CLEARS THE WAY FOR BILLIONAIRE INVESTORS MURDOCH AND GORDON TO BUY TEN NETWORK

THE COMPETITION watchdog has cleared a proposed takeover of the Ten Network by billionaire investors Lachlan Murdo...

COMMBANK FACES 'VERY LARGE' CLASS ACTION LAW SUIT OVER MONEY LAUNDERING SCANDAL

THE Commonwealth Bank is facing a potential massive class action from shareholders because of a big drop in its sh...

REPORTING SEASON WRAP: WEDNESDAY HIGHLIGHTS

The A2 Milk Company (ASX:A2M) has almost tripled its profits and increased total revenue by 56 per cent off the ba...

THE MOTHER OF THREE WHO HAS SHARK TANK'S ANDREW BANKS AND STEVE BAXTER FIGHTING TO INVEST WITH HER

NOT every entrepreneur on Shark Tank Australia convinces the 'sharks' that their business is worthy of inv...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter