According to drone news site Heliguy DJI could be releasing a completely new compact flying camera platform. This is exciting news on the heels of the GoPro's impending KARMA drone to be announced on September 19th. This what we know so far regarding the Mavic.

A 4K Camera and two-axis gimbal

300m OFDM digital wifi link

Foldable arms for ease of transport

Weight: 1.43lbs

An integrated LCD Display running the Android OS

3S 3830mAh 11.1v battery

If we compare just the weight with the Phantom 3 standard its over a full pound lighter, which should definitely aid in longer flight times and portability. Things are really starting to heat up in the consumer drone market now that there seems to be some actual competition with the behemoth that is DJI. Stay Tuned as more details are revealed.