We covered the project when it launched in December, writing at the time that the $220 drones would respond to gesture commands, and enter the drone market as one of the cheaper, camera-carrying options. It promised so much fun in such a little device. As recently as October 15th, the team announced they were capable of shipping 200 Zano drones a day. Torque’s official statement is locked for backers only, but the BBC reports that it included this line: “Having explored all options known to us, and after seeking professional advice, we have made the difficult decision to pursue a creditors’ voluntary liquidation.” Project backers looking for a refund may not ultimately get one. Kickstarter instead requires that project creators “bring the project to the best possible conclusion” for their backers. BBC
