On track for an imminent UK release, the Insta360 Nano is planning to become the first HD camera to shoot and live-stream HD 360°/VR photos and video straight from an iPhone.

Compatible with the iPhone 6, 6 Plus, 6s and 6s Plus, the Insta360 Nano will connect to the handset via USB – and will automatically boot the Nano’s dedicated app. It can also reportedly act as a stand-alone module that can be attached to helmets, drones and selfie sticks – albeit without the benefit of a screen – thanks to an in-built 800 mAh battery and 64GB memory card.

Featuring two 210° fish-eye lenses, one on the back and one on the front, the Insta360 Nano should be able to capture just about everything around it, ready for sharing.

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According to its creators, Arashi Vision, the gadget’s box will even be able to transform into a Google Cardboard viewer, allowing those without pre-existing VR headsets the ability to get in on the 360° action – which could prove rather useful when marketing the device. “We expect the Insta360 Nano to blast the market for 360-degree cameras wide open. The Nano sets a new price point for virtual reality: at under $200, it brings the ability to live-stream and share 360-degree VR movies to everyone,” stated founder Liu Jingkang.

Already out in the US, the Insta360 Nano will be available from Amazon UK soon, at $199. Check back on AP later to see our review!