Hard landing for GoPro in the drone business: The Californian company is dropping the business division again after just a year. The action camera manufacturer made the announcement in a preliminary communication on the results of the fourth quarter of 2017.
The managers view the profit situation for drones as critical. The company’s own camera drone Karma, for example, apparently has profitability problems in the highly competitive market, although it was the second best seller in its price class last year. In addition, according to GoPro’s communication, stricter regulations for drones in the United States and Europe could significantly reduce sales markets in the coming years. Private drone pilots have to register their aircraft in a central register in the United States; President Donald Trump signed a law to that effect last December. Drone flights in Europe will also be subject to uniform regulations from 2019: a corresponding EU aviation safety authority draft already exists.
GoPro had already experienced difficulties launching the camera drone Karma: the devices had to be recalled shortly after the sales launch in September 2016 due to the risk of crashing.