Antigravity, a consumer drone brand under Insta360, is expected to start initial sales in selected markets this fourth quarter.

Insta360, the Chinese rival of GoPro, recorded a 90 per cent jump in third-quarter revenue from a year earlier, as China’s leading maker of 360-degree and action cameras prepares to square off against drone giant DJI by the end of 2025. Shenzhen-based Insta360 said its revenue in the September quarter grew 92.64 per cent to 2.94 billion yuan (US$413 million), according to the company’s filing to the Shanghai Stock Exchange on Monday. Net income for the period shrank 15.9 per cent to 271.9…

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