When I first saw this camera I thought, “WOW - this changes everything!” The Geonaute 360 comes equipped with three integrated wide-angle lenses, so it offers an almost full 360° field of view (150° vertical). All three 8 MP images are recorded together and up to two hours of recordings can be captured on a 32GB micro SD card. The camera can also capture still pictures in three modes: single shot, burst, and time lapse. Accessories include a waterproof housing and multiple mounting options, and the camera can also be controlled wirelessly through a remote.

Check out this video for more information:

Of course you’re wondering what you’re going to do with your video once you capture it. Geonaute worked with Mindrevo to create the unique WeSphere platform, which will allow users to pan around your video as it's playing. Similar to navigation in Google Earth, the user can click and drag on the image to pan the view. The WeSphere platform also includes a suite of editing tools to help you turn your videos and images into masterpieces. Follow this link to see a sample video: 360 Sample Video

Geonaute plans to launch the Geonaute 360 in the summer of 2013. At $399, it is in a reasonable price range considering that it could replace two or three traditional mini-action cameras. I really can’t wait to see the first kayak fishing video captured by one of these mounted on the bow of a kayak.

Specifications:

• Video mode: 360° capture | Resolution: up to 2048x1024
• Photo mode: 360° capture (single shot, burst, & time lapse modes) Resolution: up to 4096x2048
• Field of View: 360° Horizontal and 150° vertical
• Imaging Sensor: 3 x 8MP CMOS sensors
• Weight: less than 7 oz / 200 g (incl. battery)
• Battery Life: 2+ hours (Li-Ion rechargeable)
• Storage: microSD up to 32 GB (MP4 file format)
• Interface: Micro USB
• Waterproof rated to IPX7
• Waterproof housing: 328 feet / 100 meters

WeSphere Platform Specifications:

• 360° video player
• 360° photo viewer
• 270° panoramic photo viewer
• Video Editor
• 3 GB of storage space included with camera purchase
• 1500 songs available for use with movie editing
• Mobile app with gyroscopic motion

References:
http://www.geonaute360.com
http://www.gizmag.com/geonaute-action-camera-360-degree-ces/25747/