Earlier this week, we shared with you how Peak Design became Kickstarter ninjas, crowdfunding numerous products and – so far – delivering on every last one of them. But that’s not always the case with crowdfunding projects.

Just look at TriggerTrap’s Ada, a Kickstarter project that failed a year after it successfully raised over £290,386 in funds. Or, more crushing, look at Zano, a handheld drone whose manufacturer went under, even after raising a $3.4 million on Kickstarter.

It’s for these failures that those who pre-ordered the Lily drone should be severely concerned that their drone might never come to fruition. Thursday, the San Francisco-based drone manufacturer announced that its production schedule has been delayed, citing a problem with the flight software that controls the autonomous drone.[Read More…]