Two comments for you. First, if you downloaded the manual from Yuneec's website, look on page 22. Scroll down to the word "NOTICE" and that's where it tells about the white blinking light between purple blinking lights. As someone else mentioned, it means you have enough satellites for flight.
Second, the Panoramic feature is something that happened to me as did you. The camera took 8 pictures, but never rotated. You need to do a Gimbal/Camera Calibration. Do this per instructions on page 21 of the manual. Be sure the aircraft is sitting on a level surface, and to turn on the ST16 first, then the aircraft. Once the calibration is complete, power down the aircraft and then restart it. Now you should be able to do the Panoramic photos and the camera will turn after each shot.
As a matter of fact, I sat the aircraft on my coffee table in our living room and had it do a Panoramic shot. I sat in one chair when it began, and then moved to a different chair before the camera came around and when I stitched all the shots together, it shows me sitting in two different places!
One more thing, be very careful with the Mode switch. It's easy to accidentally bump it into the Smart Mode and you don't want to do that!
Good luck and happy landings!
