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GoPro Recalls Karma Drones for Power Loss Mid-flight

Image: GoPro Recalls Karma Drones for Power Loss Mid-flight

A new GoPro Karma foldable drone is seen flying during a press event in Olympic Valley, California on Sept. 19, 2016. (Josh Edelson/AFP/Getty Images)

By    |   Thursday, 10 Nov 2016 03:10 PM

GoPro has recalled its Karma drones because of an unknown defect that causes the devices to lose power while being operated.

Karma drone owner Nicholas Kulick posted a YouTube video after his drone lost power mid-flight a few days ago and crashed to the ground, nearly hitting a man on its way down. "I was maybe a minute into flying when I started recording. It was hovering and just crashed. Battery was fully charged any everything," he wrote.

Others have posted similar experiences as well. No injuries or property damage has been reported so far.

Business Insider reported 2,500 Karma drones are being recalled. No replacements are being offered; instead, consumers will get a full refund. GoPro hopes to resolve the issue and resume shipment at a future date.

The drones retail at $800 and are meant to be used with GoPro action cameras that are sold separately.

GoPro was already struggling with weak sales of the cameras due to competition from better-known companies like Sony and Polaroid. Competitors are now producing similar products and selling at lower prices, making it difficult for GoPro to sustain demand, Business Insider noted.

GoPro shares fell 7 percent on Wednesday as a result of the announcement. Last week, GoPro reported a third quarter loss along with a 40 percent reduction in year-over-year revenue, causing a 21 percent drop in stocks. Its outlook for the holiday quarter was weaker than analysts had expected.

GoPro was trading at around $10.30 a share on Thursday. The company had hoped to expand its operations by selling the drones, The Wall Street Journal reported, but those plans will probably be grounded with the drones, at least for now.

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GoPro has recalled its Karma drones because of an unknown defect that causes the devices to lose power while being operated.
gopro, recalls, karma, drones
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2016-10-10
Thursday, 10 Nov 2016 03:10 PM
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