Shenzhen, China-based drone producer JYU, released two new commercial drones on Friday with new models going on sale from RMB 999 (USD150), reports the IT channel of CHINANEWS.

JYU tags the Hornet S as economical, speedy, handy and easy-to-operate. JYU claims the Hornet S to be the first drone with a true aerodynamic frame, and alleges the drone can do the 0-100km/h sprint in just 3.5 seconds, with top speeds of 120 kilometers per hour.

JYU’s Spider X is collapsible and portable, customized for outdoor enthusiasts. Different from most drones on the market now, it adopts a wrist watch as a control device in place of a remote controller and is about the same size as an iPad when folded.
The new JYU drones will be begin at RMB 999, while the entry-level drone for civil use by DJI, the world’s largest drone manufacturer, sells for RMB 4799.
JYU was established in 2015, with CEO Chen Sida also having previously established an airplane model manufacturing firm in 2008. According to Chen, he had always dreamt of introducing an affordable drone for average consumers.
Drone makers in China have sprouted in recent years, with notable companies including the world’s leading drone producer DJI, major competitor Ehang, and Intel-partnered Yuneec. It is reported JYU has formed partnerships with ZTE, the China-listed communications equipment manufacturer giant, to help improve their position in the drone market.