Xiaomi is on a launching spree with new products being launched one after the other. Following the major announcement of MIUI 8 ROM and Mi Max smartphone and partnership with Google for its Mi Box in the U.S., Xiaomi is all set to enter a new product category this month. The Chinese electronics giant teased on its official MIUI forum an image of its first drone, which will be launching in China on May 25.

Xiaomi has also confirmed the name of its drone, to be aptly called as Mi Drone, which marks the company's entry into the quad-copter market. The company hasn't revealed too many details about its upcoming drone, leaving little to the imagination. Xiaomi also shared another picture of a toy bamboo-copter, but details of the same are kept a secret.

"Something wonderful and cool is flying to us very soon," Xiaomi said on its official MIUI Blog. "A Bamboo-copter? In China, it's the earliest flying toys consisted of feathers at the end of a stick, which was rapidly spun between the hands and released into flight."

Speaking of the Mi Drone, there have been rumours about it for a while now. Earlier reports suggested that the drone may be controlled by the company's Mi Band fitness tracker and hand gestures. The wearable could also be used as a beacon for a "follow me" feature, Engadget reported. The drone is also expected to come with a companion app and a possible camera to shoot 4K videos at 30fps.

With all these specs, Xiaomi isn't going to price the Mi Drone like its other Mi products at an affordable range. According to GSM Arena, the Mi Drone could cost as much as ¥3,999, which roughly translates to about $610 in the U.S. or Rs. 41,000 in India.

We'll know for sure what details are true or not at the official unveiling of the Mi Drone next Wednesday. The event will also be live streamed on Mi.com at 7 a.m. ET/12 p.m. BST.