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This Incredible Selfie-Taking Wrist Drone Just Won $500,000

<img style="float:right;" src="http://static4.businessinsider.com/image/54299631ecad045d3931ea13-828-587/nixie_1.png" border="0" alt="Nixie_1">

This little machine is taking photography to new heights.

Thought it's still being developed, Christoph Kohstall, a doctoral candidate at Stanford University, hopes that Nixie will be the next big thing in selfies. And the $500,000 it just won from Intel may help it along.

The Nixie is a tiny, wearable drone with built-in camera and foldable bands that attach it to your wrist. The plan: With a simple gesture, Nixie flies off your arm, snaps your photo from the air, and returns &#151; boomerang style &#151; to your wrist.

The design impressed judges at Intel's Make It Wearable contest &#151; a competition among developers of innovative, wearable technology &#151; and they awarded Nixie the grand prize of half a million dollars, enough to work out some of the product's kinks and start turning it into a commercial reality.

Nixie's capabilities will be most useful in settings where third-party photographers are unavailable or impractical, whether that's getting a bird's-eye view of an extreme rock-climbing adventure, or just taking a simple selfie.

<img class="full" src="http://static4.businessinsider.com/image/5429927eeab8eae96584fb6b/nixie_gif_1.gif" border="0" alt="Nixie_Gif_1"><img class="full" src="http://static3.businessinsider.com/image/5429a5c0eab8ea353884fb70/drone-selfie.gif" border="0" alt="drone selfie">At least, that's the concept.

Some of the other finalists in the Make It Wearable contest included a robotic prosthetic hand, a device that monitors skiers' kinetics and physiology, and a broadcast system that shows players' perspectives during sports matches.

Check out the full video below:

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