News

DJI Has Released A More Affordable Mavic 3 Drone

The company’s new Mavic 3 Classic shares plenty of the original Mavic 3’s best features, but at a far more affordable price point.

Published

2 years ago

November 3, 2022

Nour Nasir

dji has released a more affordable mavic 3 drone

DJI

DJI has just added a new model to its drone lineup, the Mavic 3 Classic, which is positioned as a more accessible variant of the popular Mavic 3 machine. The latest drone boasts many of the flagship’s best features, but at a more welcoming price for newcomers.

The Mavic 3 Classic costs $1,469 for the base unit, though this will end up at more like $1,599 or $1,749 when teamed with either a DJI RC-N1 or DJI RC controller, respectively. Though it’s unlikely many buyers will take the option, it should be noted that the new drone will also be compatible with the company’s RC Pro controller.

So what do you get for the Classic’s asking price? The new budget model loses the additional telephoto lens of the original Mavic 3 drone but offers the same 4/3 CMOS 20-megapixel camera, O3 Plus transmission system, and 46-minute flight time.

dji mavic 3 classic specs

The Mavic 3 Classic’s 24mm equivalent lens can record video at 5.1K / 50fps, 4K / 60fps, and 1080p / 60fps using H.264 and H.265 encoding, while slo-mo footage can be captured at 4K / 120fps and 1080p / 200fps. If you want to download images and video directly from the drone, you’ll enjoy 80MB per second transfer speeds when using a Wi-Fi 6 connection.

Newbie Friendly Features

The Mavic 3 Classic looks to be the perfect drone for newcomers to the hobby, sporting features like automated quick shots and a cruise control feature for nervous pilots. When in this mode, the drone flies at a set constant speed, allowing you to focus on photography without the risk of a crash.

The drone can independently plan its own routes to weave around hazards, thanks to eight visual sensors feeding information to an APAS 5.0 obstacle avoidance system. Like many other models, it can also return to home when a connection is lost or if the battery pack is running low.

Availability And Regulations

The Mavic 3 Classic is available now, though you’ll have to check local regulations to ensure it’s legal in your region. In Europe, for example, drone pilots can fly the Mavic 3 Classic in the A1 Open Category without obtaining a remote piloting license.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

19 hours ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.