Company that turns a smartphone into a drone gets $1.5 million Shark Tank deal

Company that turns a smartphone into a drone gets $1.5 million Shark Tank deal
X Craft is a company that manufacturers and sells drones. On ABC-TV's Shark Tank yesterday, company founder, president, and CEO JD Claridge stepped in front of the Sharks. By his side was board member Charles Manning. They were seeking $500,000 for 20% of the company, and ended up with a $1.5 million deal involving all five Sharks, for 25% of the company.

One of the cool products under development by X Craft is a device that will turn your smartphone into a drone. A short clip was played during the show, and we discovered a longer 4 minute video that was posted on YouTube back in April. Dubbed PhoneDrone, the device has an opening allowing you to place your smartphone inside it, so that it can take flight. With a special app that is installed on a second phone, users can set a flight plan, even deciding how high the drone will fly. With the PhoneDrone, the rear camera can shoot some great overhead video while in flight.

PhoneDrone works with all iOS and Android handsets. If you know how to use your phone, you will be able to`make it fly. The company has raised some serious money, and with the Shark Tank investment, it looks like the PhoneDrone will be a reality. It still might take some time before this becomes a product that you can buy.

Check out the PhoneDrone by clicking on the video below.



source: XCraft via BusinessInsider

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37 Comments

1. bambamboogy02

Posts: 834; Member since: Jun 23, 2012

Lost drone, lost phone.

2. BLSEOTB

Posts: 334; Member since: Mar 24, 2015

Not too often do they get 5 sharks in on a deal. This may be huge.

3. Bjray

Posts: 199; Member since: May 29, 2014

Looks cool but don't really like the idea of my phone falling down hundreds of feet...

5. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

If it's a Nokia you may have to worry about creating a crater. Instead of your phone taking damage the earth will.

27. Goldeneye

Posts: 419; Member since: Jan 22, 2011

"PhoneDrone works with all iOS and Android handsets"

30. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

That nokia x/nokia Normandy though

28. warrenellis93

Posts: 540; Member since: Jul 21, 2011

I think they are showing it works best if you have an extra phone

4. Monsterhunter

Posts: 42; Member since: Oct 14, 2015

Wicked! Love drones and drone racing. This would be such a cool device. Worried about yee phone, pick up a used cheap one. Problem solved.

6. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

I've actually thought about this before, mainly because high resolution drones are on the expensive side.

21. Hexa-core

Posts: 2131; Member since: Aug 11, 2015

Unless you're on the budget side. :P

23. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

I feel skeptical about dropping 1200$ on a drone mahn, but that's me.

7. jroc74

Posts: 6023; Member since: Dec 30, 2010

You need a phone to control it so I would assume the phone in the drone would not be the main one. Unless the main one has the better camera. This could make old Nokia phones eBay prices surge. Especially those with Pureview.

16. alumoyo

Posts: 391; Member since: Aug 26, 2013

"With a special app that is installed on your phone, users can set a flight plan, even deciding how high the drone will fly."

26. Goldeneye

Posts: 419; Member since: Jan 22, 2011

"PhoneDrone works with all iOS and Android handsets" So not too fast cause this leaves all Nokia phones out.

31. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

Nokia x though. Unless you have nothing better to do than troll nokia or you are an ignorant human scum.

34. Goldeneye

Posts: 419; Member since: Jan 22, 2011

I'm not trolling Nokia no need to. Just pointing out that we won't get as many craters as you think. I don't think whoever owns a Nokia X would put it up in the air they are just not that ubiquitous. Is like expecting a lot of folks using their shiny new blackberry Priv if this product was already out. Just saying Berno relax.

35. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

Berno? Anyway it's a figure of speech referring to nokia's toughness, I guess you thought I was being literal. Either way not all Nokia phones are out as you previously said.

36. Goldeneye

Posts: 419; Member since: Jan 22, 2011

Okay Bernoulli my bad. Neither of us is being literal as you already know but I was replying to Jroc74 post about "old Nokia phones eBay prices surge". Honestly when you hear old Nokia phones does the X comes to your mind? I didn't think so. True not all Nokia phones are out but like 99.999 % I think so. Anyway I really doubt that anyone would look for a Nokia X to fly it up.

37. Bernoulli

Posts: 4359; Member since: Sep 01, 2012

Actually I do think of nokia x and a 3310, but I sincerely do think of nokia x in the mix. You also replied to me with the same quote. If they already own a Nokia x there's no need to look for one.

8. King_bilo

Posts: 115; Member since: May 20, 2015

Question for the drone enthusiasts in the house.. Would it be legal to use such a device over a carrier network ie Vodafone or sprint or verizon.. Thereby giving it unlimited radio range

14. ibend

Posts: 6747; Member since: Sep 30, 2014

i'm no expert but here is my opinion.. using carrier network frequency for this drone stuff is illegal.. but if u send signal over internet connection to control that drone (drone with smartphone, like above article) its fine

9. Michael.Parker

Posts: 273; Member since: Aug 22, 2015

I like the idea but only if it had the option for a full cage so the thing doesn't break on impact, because as much as I love Android the idea of the app force closing mid flight or losing wifi connection is very real.

10. King_bilo

Posts: 115; Member since: May 20, 2015

Haha.. I'm guessing they must build an auto return feature into the drone software

11. Michael.Parker

Posts: 273; Member since: Aug 22, 2015

Yeah but that's only safe if the auto return software is coded directly to the drone instead of just the phone.

13. King_bilo

Posts: 115; Member since: May 20, 2015

True, true.. Forgot about that. And I bet they are probably gunning to build on the whole navigation and steering system into the phone software.. It's the best way to keep the price down

12. TechBlue

Posts: 81; Member since: May 06, 2010

Actually the drone crashing and burning and not damaging the phone would be a great commercial for Durable smartphone case company LOL

15. ibend

Posts: 6747; Member since: Sep 30, 2014

if they use phones rear camera for that drone, how can it capture video of house sideview like in video? just get drone with 2axis gimbal gopro mount, it can capture good quality vid with more angle, also can make filght plan, an u dont need to risk your smartphone

17. alumoyo

Posts: 391; Member since: Aug 26, 2013

Except those cost a few hundred dollars. This is just for the regular average individual who wants to take a nice overhead shot at a barbecue or something.

18. dil2abu

Posts: 315; Member since: Nov 09, 2011

I don't prefer quadcopter carrying my phone, GoPro is enough.. And flying quadcopter manually has more fun than programming the flight..

19. MarinoVladimir

Posts: 41; Member since: Aug 04, 2014

So basically you need two smartphones for this to happen? & it's just scary your smartphone flying around and maybe crashing, or getting lost somewhere. But cool invention. :] btw.. fancy house. haha

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