Insta360 has entered the handheld gimbal camera market with its new Luna Ultra, directly challenging DJI's Osmo Pocket 4P. The device features a dual-camera system co-engineered with Leica, including a primary 1-inch sensor with f/1.8 aperture and a telephoto lens offering 3x optical zoom. Pricing starts at $769.99, positioning it competitively in the premium vlogging segment.

A detachable 2-inch touchscreen display sets the Luna Ultra apart, functioning as a remote monitor for framing shots from up to 20 meters away in HD. The camera supports 8K video recording at 30fps, 4K footage at 120fps, and slow-motion capture at 240fps. Storage includes 47GB internal capacity plus microSD expansion up to 1TB, while a four-microphone array handles audio capture.

Three-axis mechanical stabilization pairs with Deep Track 5.0 for subject tracking. The 1,550mAh battery delivers up to four hours of operation and supports fast charging. Available in Cosmic Black and Stellar White finishes, the Luna Ultra targets content creators seeking professional features in a compact form factor.

This launch intensifies competition in the pocket gimbal space, where DJI has dominated. Insta360's partnership with Leica signals serious intent to capture market share from established players.