net of factors selfie drone could be the subsequent huge thing

neglect the selfie stick, folks that like to take pictures of themselves may also quickly be able to buy the selfie drone.

A compact automated flying digital camera system is being evolved by using era corporation net of factors (IoT), which plans to have it on sale via Christmas.

IoT says the selfie drone can follow a person round to take pix of them surfing, snowboarding, skiing or driving a bike. The Sydney-based totally organisation is searching for to list at the Australian proportion market, a circulate it says could permit buyers to cash in at the boom in cell gadgets, smart technology and devices.

IoT leader govt Simon Kantor says the organisation takes existing technology, provides functions and improves it, then makes the product to be had to the public at lower priced fees.

“IoT is a developer of developed era,” he says.

“So we take innovation this is already accessible, then we broaden and tinker on pinnacle of it to add more capability and make it greater beneficial for the common Joe.”

Selfie sticks have been a big seller in 2014, Mr Kantor said, and IoT has mixed the reason of the stick with a drone, which is usually pricey and tough to fly.

“We’re developing an affordable selfie drone — perhaps $a hundred and fifty or $one hundred ninety — so one can comply with you,” he says.

“It has plenty of clever software and sensors that we're able to supply in volume at a very good charge in order that we are able to supply the product at an low-priced price.” IoT has already launched a $99 smartwatch known as the Viper phone Watch that is available in a few supermarkets.

it's also developing a GPS safety smartwatch for children, a rugged smartwatch designed for tradies, and smart apparel.

clever garb consists of footwear loaded with tiny sensors and gadgets which could provide facts about the quantity of steps taken in addition to the person’s posture and manner of on foot.

clever singlets can degree blood stress or choose up if the wearer is having a coronary heart attack.

Mr Kantor says IoT can develop a product from concept and get it to marketplace within 3 to four months.

The corporation intends to listing on the proportion market via a reverse takeover of Ardent sources.

Ardent assets will collect IoT in alternate for about 696 million shares in Ardent. the purchase is predicted to be finished in mid December.

Ardent shareholders may be requested to advise a exchange in the nature and scale of Ardent’s sports, and the organization may also issue a prospectus to elevate $five million.

The price range might be used to boost up the development of IoT’s products and pursue commercial enterprise development opportunities.

subject to shareholder approval, Ardent will consolidate its shares on an indicative basis of one for 4.