Ricoh has unveiled a new version of its one-year-old Ricoh Theta camera which, as well as capturing 360° stills in a single shot, is now designed to create ‘spherical videos’.

The Ricoh Theta m15 can create three-minute videos ‘with no stitch lines, so you can share footage with your contacts that will make them feel like they’re right there’, says Ricoh.

The firm claims that the Wi-Fi is nearly twice as fast as that of the current model.

The Ricoh Theta m15 is due out on 14 November, priced £269.99, in a choice of blue, pink, white and yellow.

The palm-sized camera features a twin-lens, folded optical system designed to capture the scene around, above and below the device in one shot.

Images can be uploaded to theta360.com and shared on social networks.

Exposure control is automatic.

Ricoh Theta m15