Popslate’s Second E-ink Smartphone Case is Delayed as the Company Faces a Financial Crisis
Earlier this year Popslate announced the Popslate 2, an iPhone case which adds a 4.7″ E-ink screen to the rear of the iPhone. That case had a 9-hour battery life and can be used to display your schedule, airplane boarding ticket, etc.
The Popslate 2 was crowd-funded on Indiegogo and originally set to ship in July 2016, but today a reader brought to my attention that it has been delayed, again. The Popslate had first been delayed until October 2016, and then was delayed again until late December.
Now Popslate is saying that the case won’t ship until either February or March 2017. And what’s worse, they have stopped giving refunds (temporarily, at least).
Earlier this month Popslate posted the following update to the Indiegogo campaign page:
This unexpected development cycle has stressed our finances to the limit. All remaining cash must be preserved for getting the product over the line. This will impact our refund policy, at least temporarily. Although Indiegogo does not require a campaign to provide refunds, our policy has been to refund folks who made the request. Unfortunately, we need to put refunds, including current pending requests, temporarily on hold as we assess the scope of the MFi redesign work.
The delay was blamed on failed certification tests, and the need to rework the design before resubmitting the hardware.
The first Popslate case shipped two years late, and only after the company took outside capital. Now it appears the company is in a similar financial state, only this time the company had raised 5 times as much money (over $1.1 million, in fact).
So if the company goes under now, there will be a whole lot more disappointed users.