At the age of 70, RED founder Jim Jannard announced that he is retiring. Between his age and a few health problems, “it’s time now”. When he leaves the company, he announces that the hydrogen phone project will be terminated after production by just one device. When Hydrogen One arrived late last year, it brought a technology like “4V” for its display and image capture, which was innovative but did not meet its $ 1,295 price tag.
Earlier this year, RED announced plans to change the program “radically” and develop a device that appeals to both professionals and regular users. That’s all done now, though the Hydrogen One will continue to receive software updates and RED Digital Cinema will continue to operate with Jarred Land as President. All you need to do is find your next Moonshot phone from another camera manufacturer.