GoPro Drone Demise Offers Opportunity For Mota Group

LAS VEGAS — The news that action-camera maker GoPro (GPRO) is exiting the drone business was welcomed by rival flying camera maker Mota Group.

"It was music to my ears," Mota Group Chief Executive Michael Faro told Investor's Business Daily at CES 2018, the four-day consumer electronics show, which ended Friday. Mota makes the Lily Next-Gen camera drone, which went on sale late last year.

GoPro announced Jan. 8 that it will leave the drone market after selling its remaining Karma...

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