Nokia is developing a virtual-reality capture device that can record 360-degree views and "3D audio".
The Ozo features eight camera lenses and eight microphones on a spherical-shaped body, from which a handle protrudes.
The Finnish firm said that one advantage over existing systems was that it created footage that could be watched in real time via a VR headset.
One expert said Ozo was not as big a leap for the firm as it might seem.
"Nokia has a great deal of experience developing not only camera technology, but also the portability of camera technology," said Chris Green, a consultant at Davies Murphy Group.
"The company was putting in high-end cameras on very small mobile phones and producing exceptional image results years before other manufacturers.
"And it can now direct the knowledge it has to other sectors."
Ozo was unveiled at an event in Los Angeles, underlining that the company plans to target it at Hollywood and other media professionals, rather than consumers.
Nokia said the device was due to go on sale before the end of the year, but was unable to provide the full technical specifications or price.

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