Rumors of a Xiaomi drone have swirled for some time, with early reports suggesting that the UAV may use the company's Mi Band as a beacon for a possible "follow me" feature. Xiaomi has confirmed "something wonderful and cool is flying to us very soon," but is keeping quiet on any possible features before next week.

May marks a big month for Xiaomi. It's already unveiled its huge 6.44-inch Mi Max smartphone and earlier this week announced the US release of its 4K-ready Mi Box streamer. The company also confirmed at Google I/O that it will work with search giant to build a VR phone that will support the new Android Daydream virtual reality technology.

If you're interested to see what the Mi Drone will look like, Xiaomi will livestream its May 25th event at 7am ET/12pm BST on Mi.com.