Last week Live Planet announced the launch of the Live Planet VR System, which includes a pipeline for 360 stereoscopic livestreaming and distribution that includes a custom camera and content management tools. Live Planet claims that creators can go “from box to livestreaming within minutes.”

In a statement, Live Planet said:

“VR video has yet to take off as a medium because no one has focused on solving the full range of production and distribution challenges. As a result, it has been very difficult to easily, quickly, reliably, and affordably produce VR video experiences at scale, in particular for live distribution.”

Currently Live Planet’s system cost $10,000 which may seem steep to some people but it is actually on the lower side of the price point. Both Nokia and Jaunt launched their own 360 3D camera, which didn’t do so well, priced between $50,000 to $100,000. Yes the systems are professionally focused and priced but Live Planet is also focusing on catering to the small scale producers with their system.

Live Planet’s system includes a camera, suite of management apps, support, and starter necessities like a tripod, camera case, and MicroSD card. The company does not include an on-board microphone though which is interesting since it is important to what Live Planet is going for, although one can be equipped with third-party USB audio input devices. They also charge for cloud storage and distribution through their own platform, but creators can also freely distribute to existing platforms like YouTube.

The look of the system is intense, coming with a ring of 16 cameras that capture in 360 with real-time stereoscopic stitching on board. The stitching is handled by a NVIDIA Jetsone TX2 module and Live Planet said that the stitched output is 4K x 2K at 30 FPS and claims that 4K x 4K will be coming soon.

Besides livestreaming, the on-board stitching allows an output to be captured to a single SD card, something that the competition to Live Planet doesn’t offer and usually requires six to ten individual SD cards to do.

Live Planet’s CEO and founder, Halsey Minor, said that “VR video has been hindered by poor quality and insane complexity.”

It will be interesting to see in Live Planet’s new system can live up to what the company said it’s going to.